| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RHONDA S PAPE3 | 208 AUSTIN AVE MAQUOKETA, IA 52060 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $922 | — | $922 | 5.38% |
| ELLERBROCK-NORRIS FINANCIAL3 | 2203 OSBORNE DRIVE WEST HASTINGS, NE 68901 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $615 | — | $615 | 3.59% |
| WOODY FINANCIAL GROUP INC3 | 7311 W 130TH ST #130 OVERLAND PARK, KS 66213 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $6 | — | $6 | 0.03% |
| FINANCIAL ARCHITECTS, INC.3 | 12345 UNIVERSITY AVE STE 200 CLIVE, IA 50325 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $5 | — | $5 | 0.03% |
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 | 86 | 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. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 86 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 86 | $17K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 86 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.