| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STRONG FINANCIAL RESOURCES INC3 Filed as: STRONG FINANCIAL SERVICES | 1611 10TH ST AURORA, NE 68818 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | $5K | $9K | 6.51% |
| GARY THOMPSON AGENCY3 | 217 E STOLLEY PARK RD GRAND ISLAND, NE 688018201 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | $0 | $5K | 3.44% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUECROSS BLUESHIELD NEBRASKA EIN 47-0095156 TPA/PPO NETWORK | Insurance services; Claims processing Service code 12 | 1919 AKSARBEN DR PO BOX 3248 OMAHA, NE 68180 | $51K |
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 | 128 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 129 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 382 | $145K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 382 | $145K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 382 | $145K |
| Stop-loss / reinsurancereinsurance | QBE A&H | 129 | $112K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 382 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.