| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PHELAN INSURANCE AGENCY, INC.3 | PO BOX 1 VERSAILLES, OH 45380 | PRINCIPAL LIFE INSURANCE COMPANY | $10K | — | $10K | 10.59% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS INC. | 422 WAUPONSEE STREET MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | $7K | — | $7K | 7.64% |
| PHELAN INSURANCE AGENCY, INC.3 | PO BOX 1 VERSAILLES, OH 45380 | SUPERIOR DENTAL CARE, INC. | $1K | — | $1K | 11.21% |
| PHELAN INSURANCE AGENCY, INC.3 | PO BOX 1 VERSAILLES, OH 45380 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | — | $2K | 15.14% |
| PHELAN INSURANCE AGENCY, INC.3 | PO BOX 1 VERSAILLES, OH 45380 | STARMOUNT LIFE INSURANCE COMPANY | $1K | — | $1K | 10.14% |
| PHELAN INSURANCE AGENCY, INC.3 | PO BOX 1 VERSAILLES, OH 45380 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $860 | — | $860 | 17.38% |
| PHELAN INSURANCE AGENCY, INC.3 | PO BOX 1 VERSAILLES, OH 45380 | SUPERIOR DENTAL CARE, INC. | $402 | — | $402 | 11.75% |
| PHELAN INSURANCE AGENCY, INC.3 | 863 EAST MAIN STREET VERSAILLES, OH 45380 | COMPANION LIFE INSURANCE COMPANY | $143 | — | $143 | 5.87% |
| METRO AREA GROUP INS. CONSULTANT3 | PO BOX 1130 SUNBURY, OH 43074 | COMPANION LIFE INSURANCE COMPANY | $84 | — | $84 | 3.45% |
| PHELAN INSURANCE AGENCY, INC.3 Filed as: PHELAN INSURANCE AGENCY INC. | PO BOX 1 VERSAILLES, OH 45380 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $371 | — | $371 | 17.26% |
| PHELAN INSURANCE AGENCY, INC.3 | 863 EAST MAIN STREET VERSAILLES, OH 45380 | COMPANION LIFE INSURANCE COMPANY | $251 | — | $251 | 12.95% |
| METRO AREA GROUP INS. CONSULTANT3 | PO BOX 1130 SUNBURY, OH 43074 | COMPANION LIFE INSURANCE COMPANY | $27 | — | $27 | 1.39% |
| PHELAN INSURANCE AGENCY, INC.3 | 863 EAST MAIN STREET VERSAILLES, OH 45380 | COMPANION LIFE INSURANCE COMPANY | $21 | — | $21 | 7.05% |
| METRO AREA GROUP INS. CONSULTANT3 | PO BOX 1130 SUNBURY, OH 43074 | COMPANION LIFE INSURANCE COMPANY | $17 | — | $17 | 5.70% |
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 | 244 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 247 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(4 contracts, 3 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 381 | $119K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 381 | $93K |
| Life insurance(5 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 78 | $12K |
| Short-term disability(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 381 | $104K |
| Long-term disability(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 381 | $104K |
| Other(6 contracts, 3 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 381 | $105K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 381 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.