| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HOLMES MURPHY & ASSOCIATES Filed as: HOLMES MURPHY AND ASSOCIATES LLC | PO BOX 9207 DES MOINES, IA 50306 | WELLMARK BCBS | $47K | — | $47K | 5.36% |
| MIDWEST EMPLOYEE BENEFITS INC Filed as: MIDWEST EMPLOYEE BENEFITS | 5000 S MACARTHUR LN STE103 SIOUX FALLS, SD 57108 | WELLMARK BCBS | $62 | — | $62 | 0.01% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES LLC | 3001 WESTOWN PARKWAY WEST DES MOINES, IA 50266 | UNION SECURITY INSURANCE COMPANY | $9K | — | $9K | 9.99% |
| WESTERN BENEFITS GROUP INC3 Filed as: WESTERN BENEFITS GROUP, INC | PO BOX 8124 RAPID CITY, SD 57709 | UNUM LIFE INSURANCE OF AMERICA | $45 | — | $45 | 0.30% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES LLC | 3001 WESTOWN PARKWAY WEST DES MOINES, IA 50266 | UNION SECURITY INSURANCE COMPANY | $1K | — | $1K | 10.00% |
| WESTERN BENEFITS GROUP INC3 Filed as: WESTERN BENEFITS GROUP, INC | PO BOX 8124 RAPID CITY, SD 57709 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $1K | — | $1K | 14.05% |
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 | 145 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 145 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | WELLMARK BCBS | 145 | $882K |
| Dental | UNION SECURITY INSURANCE COMPANY | 127 | $92K |
| Vision | UNION SECURITY INSURANCE COMPANY | 188 | $14K |
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE OF AMERICA | 171 | $25K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 171 | $10K |
| Prescription drug | WELLMARK BCBS | 145 | $882K |
| Other(2 contracts, 2 carriers) | UNUM LIFE INSURANCE OF AMERICA | 171 | $25K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 188 | — |
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."
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.