| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES INC | 8110 E 32ND ST NE STE 100 WICHITA, KS 67226 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $204 | $3K | 14.26% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES | 8110 E 32ND ST N STE 100 WICHITA, KS 67226 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $582 | $41 | $623 | 14.32% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MORROW AND CO, LLC EIN 48-1142797 AUDITOR | Accounting (including auditing) Service code 10 | 421 E 3RD ST. N WICHITA, KS 67202 | $7K |
| SPENCER FANE LLP EIN 44-0561981 LEGAL | Legal Service code 29 | 1000 WALNUT ST SUITE 1400 KANSAS CITY, MO 64106 | $6K |
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 | 202 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 206 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 207 | $4K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 199 | $22K |
| Other | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 207 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 207 | — |
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.