| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SOUTHWEST AGENCY INC3 | PO BOX 735 CARTHAGE, MO 648360735 | PRINCIPAL LIFE INSURANCE COMPANY | $12K | — | $12K | 13.03% |
| CRAIG A LOWRANCE3 Filed as: CRAIG A. LOWRANCE | PO BOX 11343 SPRINGFIELD, MO 65808 | TRANSAMERICA LIFE INSURANCE COMPANY | $3K | — | $3K | 12.04% |
| GIG OF MISSOURI INC3 | 2901 ARIZONA AVENUE JOPLIN, MO 64804 | TRANSAMERICA LIFE INSURANCE COMPANY | $1K | — | $1K | 4.67% |
| ONE SOURCE EMPLOYEE BENEFITS3 | PO BOX 11343 SPRINGFIELD, MO 65808 | TRANSAMERICA LIFE INSURANCE COMPANY | $419 | — | $419 | 1.69% |
| MICHAEL C CHAPMAN3 Filed as: MICHAEL C. CHAPMAN | 2150 PORTWOOD WAY FORT WORTH, TX 761796633 | TRANSAMERICA LIFE INSURANCE COMPANY | $97 | — | $97 | 0.39% |
No Schedule C service providers reported on this filing.
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 | 155 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 155 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 500 | $114K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 500 | $90K |
| Other | TRANSAMERICA LIFE INSURANCE COMPANY | 89 | $25K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 500 | — |
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.