| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.3 Filed as: IMA INC | 1705 17TH STREET, STE 100 DENVER, CO 80202 | UNION SECURITY INSURANCE COMPANY | $15K | — | $15K | 4.04% |
| IMA, INC.3 Filed as: IMA INC | 1705 17TH STREET, STE 100 DENVER, CO 80202 | UNION SECURITY INSURANCE COMPANY | $5K | — | $5K | 1.35% |
| IMA, INC.3 Filed as: IMA INC | 1705 17TH STREET, STE 100 DENVER, CO 80202 | UNION SECURITY INSURANCE COMPANY | $5K | — | $5K | 3.67% |
| IMA, INC.3 Filed as: IMA INC | 1705 17TH STREET, STE 100 DENVER, CO 80202 | UNION SECURITY INSURANCE COMPANY | $2K | — | $2K | 1.19% |
| IMA, INC.3 Filed as: IMA INC | 1705 17TH STREET, STE 100 DENVER, CO 80202 | UNION SECURITY INSURANCE COMPANY | $612 | — | $612 | 0.43% |
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 | 593 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 593 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | UNION SECURITY INSURANCE COMPANY | 593 | $523K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 406 | $382K |
| Other | UNION SECURITY INSURANCE COMPANY | 593 | $141K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 593 | — |
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.