| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THOMAS K GNASTER3 Filed as: THOMAS W. HANLEY | 170 N NORTHWEST HWY APT 205 PARK RIDGE, IL 60068 | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | $44K | — | $44K | 3.78% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BARBARA REED EMPLOYEE | Plan Administrator Service code 14 | 5585 PERSHING AVE., STE 220B ST. LOUIS, MO 631124621 | $45K |
| RSM US LLP EIN 42-0714325 NONE | Accounting (including auditing); Consulting (general) Service code 10 | — | $25K |
| COMMERCE BANK EIN 48-0962626 NONE | Investment management; Custodial (securities) Service code 19 | — | $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 | 615 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 159 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 774 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTHY ALLIANCE LIFE INSURANCE COMPANY | 303 | $1.2M |
| Dental | LIBERTY DENTAL PLAN OF MISSOURI, INC. | 788 | $119K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 788 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.