| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INNOVATIVE BENEFIT CONSULTANTS3 | 412 WATER STREET SIOUX CITY, IA 51103 | AETNA LIFE INSURANCE COMPANY | $24K | $5K | $29K | 2.94% |
| INNOVATIVE BENEFIT CONSULTANTS3 | 412 WATER STREET SIOUX CITY, IA 51103 | AETNA LIFE INSURANCE COMPANY | $8K | — | $8K | 12.47% |
| INNOVATIVE BENEFIT CONSULTANTS3 Filed as: INNOVATIVE BUSINESS CONSULTANTS | 412 WATER ST SIOUX CITY, IA 51103 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 8.95% |
| SELECT NETWORKS3 | 317 6TH AVE DES MOINES, IA 50309 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 8.55% |
| GALLAGHER BENEFIT SERVICES, INC. Filed as: GALLAGHER BENEFIT SERVICES | 4280 SERGEANT RD SIOUX CITY, IA 51106 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $120 | — | $120 | 0.92% |
| HOLMES MURPHY & ASSOCIATES3 | PO BOX 9207 DES MOINES, IA 50306 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $108 | — | $108 | 0.83% |
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 | 240 | 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) | 240 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 222 | $987K |
| Dental | AETNA LIFE INSURANCE COMPANY | 222 | $987K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 232 | $13K |
| Life insurance | AETNA LIFE INSURANCE COMPANY | 240 | $61K |
| Short-term disability | AETNA LIFE INSURANCE COMPANY | 240 | $61K |
| Long-term disability | AETNA LIFE INSURANCE COMPANY | 240 | $61K |
| Other | AETNA LIFE INSURANCE COMPANY | 240 | $61K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 240 | — |
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."
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.