| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LANCE P FRANCZYK3 | 201 S DENVER AVE STE 500 TULSA, OK 74103 | NORTHWESTERN MUTAL | $3K | $578 | $3K | 4.85% |
| DAVID LOWERY HOUSTON3 | STE 410 6301 WATERFORD BLVD OKLAHOMA CITY, OK 73118 | NORTHWESTERN MUTAL | $2K | $426 | $2K | 3.30% |
| PILLARS FNCL LLC3 Filed as: PILLARS FINCL LLC | 201 S DENVER AVE STE 500 TULSA, OK 74103 | NORTHWESTERN MUTAL | $804 | $70 | $874 | 1.37% |
| PILLARS FNCL LLC3 | 201 S DENVER AVE STE 500 TULSA, OK 74103 | NORTHWESTERN MUTAL | $275 | $65 | $340 | 0.53% |
| MATTHEW DON HOUSTON3 | SUITE 440 6301 WATERFORD BLVD OKLAHOMA CITY, OK 73118 | NORTHWESTERN MUTAL | $3 | $1 | $4 | 0.01% |
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 | 251 | 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. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 251 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Long-term disability | NORTHWESTERN MUTAL | 251 | $64K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 251 | — |
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.