| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FARMSTEAD FINANCIAL LLC3 | 237 E MAIN STREET BRIDGEPORT, WV 26330 | HIGHMARK BLUE CROSS BLUE SHIELD OF WEST VIRGINIA | $108K | — | $108K | 2.73% |
| GREGORY WOLFE3 | 11609 N MOUNTAINEER HWY NEWBURG, WV 26410 | METROPOLITAN LIFE INSURANCE COMPANY | $41K | — | $41K | 8.08% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $17K | $7K | $23K | 4.63% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $14K | $14K | 2.72% |
| GREGORY WOLFE3 | 11609 N MOUNTAINEER HWY NEWBURG, WV 26410 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | — | $5K | 16.69% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | — | $1K | 4.65% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $1K | $1K | 4.59% |
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 | 563 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 563 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HIGHMARK BLUE CROSS BLUE SHIELD OF WEST VIRGINIA | 717 | $4.0M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 1,313 | $506K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 1,313 | $506K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,313 | $506K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,313 | $506K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,313 | $506K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,313 | $506K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,313 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.