| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MIDWEST INSURANCE SOLUTIONS INC3 | 426 STATE ST. QUINCY, IL 623014146 | PRINCIPAL LIFE INSURANCE COMPANY | $7K | — | $7K | 7.73% |
| JOHN ERNST3 | 126 N 30TH SUITE 103 QUINCY, IL 62301 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | — | $5K | 5.15% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHLINK INC. EIN 43-1364135 NONE | Claims processing; Direct payment from the plan 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 | 128 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 128 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SOUTHERN INDIANA HEALTH ORGANIZATION | 239 | $0 |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 197 | $97K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 197 | $97K |
| Life insurance(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 239 | $97K |
| Stop-loss / reinsurancereinsurance | SOUTHERN INDIANA HEALTH ORGANIZATION | 239 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 239 | — |
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."
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.