| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RICHARD J. WELSH3 | 11121 JEFFERSON ST KANSAS CITY, MO 641145230 | DOMINION NATIONAL | $7K | — | $7K | 4.24% |
| USI INSURANCE SERVICES LLC3 | 1787 SENTRY PWKY W VERA 16 STE 300 BLUE BELL, PA 19422 | DOMINION NATIONAL | $1K | — | $1K | 0.85% |
| WELSH & ASSOC LLC3 | 11121 JEFFERSON ST KANSAS CITY, MO 641145230 | PRINCIPAL LIFE INSURANCE COMPANY | $20K | — | $20K | 12.75% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62939 VIRGINIA BEACH, VA 23466 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | — | $4K | 2.50% |
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 | 407 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 407 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BERKLEY LIFE & HEALTH INSURANCE COMPANY | 262 | $345K |
| Dental | DOMINION NATIONAL | 399 | $157K |
| Vision | DOMINION NATIONAL | 399 | $157K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 602 | $156K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 602 | $156K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 602 | $156K |
| Stop-loss / reinsurancereinsurance | BERKLEY LIFE & HEALTH INSURANCE COMPANY | 262 | $345K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 602 | — |
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.