| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LEONARD E BURD3 | 4545 WEST TOUHY AVENUE APARTMENT 322 LINCOLNWOOD, IL 60712 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 5.87% |
| GIS BENEFITS INC3 | 422 WAUPONSEE STREET MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | — | $2K | $2K | 5.32% |
| LEONARD E BURD3 | 4545 WEST TOUHY AVENUE APARTMENT 322 LINCOLNWOOD, IL 60712 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 15.23% |
| GIS BENEFITS INC3 | 422 WAUPONSEE STREET MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | — | $1K | $1K | 6.37% |
| LEONARD E BURD3 | 4545 WEST TOUHY AVENUE APARTMENT 322 LINCOLNWOOD, IL 60712 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | — | $1K | 8.19% |
| GIS BENEFITS INC3 | 422 WAUPONSEE STREET MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | — | $865 | $865 | 6.40% |
| LEONARD E BURD3 | 4545 WEST TOUHY AVENUE APARTMENT 322 LINCOLNWOOD, IL 60712 | PRINCIPAL LIFE INSURANCE COMPANY | $782 | — | $782 | 9.18% |
| GIS BENEFITS INC3 | 422 WAUPONSEE STREET MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | — | $549 | $549 | 6.45% |
| LEONARD E BURD3 | 4545 WEST TOUHY AVENUE APARTMENT 322 LINCOLNWOOD, IL 60712 | PRINCIPAL LIFE INSURANCE COMPANY | $539 | — | $539 | 9.67% |
| GIS BENEFITS INC3 | 422 WAUPONSEE STREET MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | — | $331 | $331 | 5.94% |
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 | 186 | 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) | 186 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 98 | $42K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 77 | $9K |
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 228 | $24K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 25 | $14K |
| Other(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 228 | $24K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 228 | — |
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.