| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FARMERS UNION SERVICE ASSOCIATION3 Filed as: FARMERS UNION SERVICE ASSOC LTD | 1415 12 AVE SE JAMESTOWN, ND 58401 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | — | $5K | 9.82% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $3K | $3K | 5.62% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 Filed as: BOON CHAPMAN BNFT ADMNSTRS INC | PO BOX 9039 AUSTIN, TX 78766 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $3K | $3K | 5.00% |
| FARMERS UNION SERVICE ASSOCIATION3 Filed as: FARMERS UNION SERVICE ASSOC LTD | 1415 12 AVE SE JAMESTOWN, ND 58401 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | — | $3K | 14.73% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $1K | $1K | 6.30% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 Filed as: BOON CHAPMAN BNFT ADMNSTRS INC | PO BOX 9039 AUSTIN, TX 78766 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $1K | $1K | 5.00% |
| FARMERS UNION SERVICE ASSOCIATION3 Filed as: FARMERS UNION SERVICE ASSOC LTD | 1415 12 AVE SE JAMESTOWN, ND 58401 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 14.73% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $1K | $1K | 6.29% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 Filed as: BOON CHAPMAN BNFT ADMNSTRS INC | PO BOX 9039 AUSTIN, TX 78766 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $830 | $830 | 5.00% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INTERNATIONAL GREAT PLAINS | 11516 MIRACLE HILLS DR SUITE 102 OMAHA, NE 68154 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $1K | $619 | $2K | 14.43% |
| FINANCIAL ARCHITECTS, INC.4 | 12345 UNVERSITY AVE STE 200 CLIVE, IA 50325 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $7 | — | $7 | 0.05% |
| FARMERS UNION SERVICE ASSOCIATION3 Filed as: FARMERS UNION SERVICE ASSOC LTD | 1415 12 AVE SE JAMESTOWN, ND 58401 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 15.59% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $722 | $722 | 6.67% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 Filed as: BOON CHAPMAN BNFT ADMNSTRS INC | PO BOX 9039 AUSTIN, TX 78766 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $541 | $541 | 5.00% |
| FARMERS UNION SERVICE ASSOCIATION3 Filed as: FARMERS UNION SERVICE ASSOC LTD | 1415 12TH AVENUE SE JAMESTOWN, ND 58401 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | $846 | — | $846 | 10.02% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 Filed as: BOON CHAPMAN BNFT ADMNSTRS INC | PO BOX 9201 AUSTIN, TX 78766 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | — | $336 | $336 | 3.98% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 Filed as: BOON CHAPMAN BNFT ADMNSTRS INC | PO BOX 9201 AUSTIN, TX 78766 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | — | -$103 | -$103 | — |
| FARMERS UNION SERVICE ASSOCIATION3 Filed as: FARMERS UNION SERVICE ASSOC LTD | 1415 12TH AVENUE SE JAMESTOWN, ND 58401 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | -$386 | — | -$386 | — |
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 | 128 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 130 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 77 | $51K |
| Vision | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 57 | $8K |
| Life insurance(2 contracts, 2 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 108 | $11K |
| Short-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 108 | $21K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 108 | $17K |
| Other(2 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 108 | $25K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 108 | — |
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.