| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NOVO BENEFITS, LLC3 Filed as: NOVO BENEFITS | 11755 E PEAKVIEW AVE #250 ENGLEWOOD, CO 80111 | UNITED HEALTHCARE INSURANCE COMPANY | $7K | $0 | $7K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| APTA HEALTH NONE | Insurance agents and brokers; Consulting (general); Insurance brokerage commissions and fees; Insurance services Service code 16 | 11755 E PARKVIEW AVE ENGLEWOOD, CO 80111 | $383K |
| MERITAIN HEALTH EIN 16-1264154 NONE | Other insurance fees and expenses; Insurance services; Direct payment from the plan; Account maintenance fees; Recordkeeping fees; Claims processing Service code 12 | — | $257K |
| AMERITAS NONE | Insurance services; Recordkeeping fees; Claims processing; Account maintenance fees; Other insurance fees and expenses; Direct payment from the plan Service code 12 | PO BOX 81889 LINCOLN, NE 68501 | $42K |
| UNICO GROUP NONE | Consulting (general); Insurance brokerage commissions and fees; Insurance services; Insurance agents and brokers Service code 16 | 1128 LINCOLN MALL #200 LINCOLN, NE 68508 | $25K |
| BERGANKVD, LLC NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | 3800 AMERICAN BKDV W SUITE 1000 MINNEAPOLIS, MN 55431 | $14K |
| UNICO GORUP | Insurance services; Consulting (general); Insurance agents and brokers; Insurance brokerage commissions and fees Service code 16 | — | $7K |
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 | 692 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 692 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | GRANULAR INSURANCE COMPANY | 1,415 | $1.1M |
| Stop-loss / reinsurancereinsurance | GRANULAR INSURANCE COMPANY | 686 | $1.1M |
| Other | UNITED HEALTHCARE INSURANCE COMPANY | 1,415 | $73K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,415 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.