| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JAMES M. MORRISON INSURANCE SERVICE3 | 2710 GATEWAY ROAD CARLSBAD, CA 92009 | CALIFORNIA PHYSICIANS SERVICE | $14K | — | $14K | 3.37% |
| REUBEN WARNER ASSOCIATES, INC.3 Filed as: WARNER PACIFIC INSURANCE SERVICES | 32110 AGOURA ROAD WESTLAKE VILLAGE, CA 91361 | CALIFORNIA PHYSICIANS SERVICE | $5K | — | $5K | 1.27% |
| JAMES M. MORRISON INSURANCE SERVICE3 | 2710 GATEWAY ROAD CARLSBAD, CA 92009 | PRINCIPAL LIFE INSURANCE COMPANY | $18K | $10K | $28K | 22.38% |
| CENTRO BENEFITS RESEARCH LLC3 Filed as: CENTRO BENEFITS | 200 GALLERIA PARKWAY SE, SUITE 1950 ATLANTA, GA 30339 | PRINCIPAL LIFE INSURANCE COMPANY | — | $7K | $7K | 5.42% |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 0 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CALIFORNIA PHYSICIANS SERVICE | 268 | $423K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 371 | $123K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 371 | $123K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 371 | $123K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 371 | $123K |
| Prescription drug | CALIFORNIA PHYSICIANS SERVICE | 268 | $423K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 371 | — |
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.
Final-filing indicator set. Plan is winding down; don't waste sales effort here.