| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PAYNEWEST INSURANCE, INC. | 3289 GABEL ROAD BILLINGS, MT 59102 | BLUECROSS BLUESHIELD OF MONTANA | $92K | — | $92K | 3.52% |
| INTERMOUNTAIN INSURANCE SERVICES Filed as: INTERMOUNTAIN UNDERWRITERS | 2806 S GARFIELD ST MISSOULA, MT 59801 | IRONSHORE INDEMNITY, INC. | $59K | — | $59K | 15.00% |
| ALLEGIANCE BENEFIT PLAN MANAGEMENT3 | PO BOX 3018 MISSOULA, MT 59806 | IRONSHORE INDEMNITY, INC. | $7K | — | $7K | 1.68% |
| ALLEGIANCE BENEFIT PLAN MANAGEMENT3 Filed as: ALLEGIANCE COBRA SERVICES, INC | PO BOX 2097 MISSOULA, MT 59806 | IRONSHORE INDEMNITY, INC. | $164 | — | $164 | 0.04% |
| ALLEGIANCE BENEFIT PLAN MANAGEMENT3 Filed as: ALLEGIANCE CASE MANAGEMENT, INC. | PO BOX 3018 MISSOULA, MT 59806 | IRONSHORE INDEMNITY, INC. | $67 | — | $67 | 0.02% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PAYNEWEST INSURANCE, INC. | 3289 GABEL ROAD BILLINGS, MT 59102 | SUN LIFE ASSURANCE COMPANY OF CANADA | $561 | — | $561 | 13.42% |
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 | 1,123 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,123 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUECROSS BLUESHIELD OF MONTANA | 1,022 | $3.0M |
| Dental(2 contracts, 2 carriers) | BLUECROSS BLUESHIELD OF MONTANA | 1,022 | $2.6M |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 74 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,022 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.