| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MIDWEST INSURANCE SOLUTIONS INC3 | 929 MAINE ST. QUINCY, IL 623014036 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | $1K | $9K | 9.88% |
| JOHN ERNST3 | 126 N 30TH SUITE 103 QUINCY, IL 62301 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | — | $5K | 5.58% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHLINK INC. EIN 43-1364135 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $9K |
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 135 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 135 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SOUTHERN INDIANA HEALTH ORGANIZATION | 276 | $0 |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $91K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 204 | $91K |
| Life insurance(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 276 | $91K |
| Stop-loss / reinsurancereinsurance | SOUTHERN INDIANA HEALTH ORGANIZATION | 276 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 276 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.