| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ISU INSURANCE CHEUNG & ASSOC, INC | 1879 LUNDY AVE., STE 222 SAN JOSE, CA 95131 | MEDICAL RISK MANAGEMENT | — | $60K | $60K | 17.68% |
| ISU INSURANCE CHEUNG & ASSOC, INC | 1879 LUNDY AVE., STE 222 SAN JOSE, CA 95131 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | — | $7K | 10.99% |
| ISU INSURANCE CHEUNG & ASSOC, INC | 1879 LUNDY AVE., STE 222 SAN JOSE, CA 95131 | KAISER PERMANENTE | $1K | — | $1K | 5.00% |
| ISU INSURANCE CHEUNG & ASSOC, INC | 1879 LUNDY AVE., STE 222 SAN JOSE, CA 95131 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | — | $3K | 15.00% |
| ISU INSURANCE CHEUNG & ASSOC, INC Filed as: ISU INSURANCE CHEUNG & ASSOC INC | 1879 LUNDY AVE., STE 222 SAN JOSE, CA 95131 | FIRST UNUM LIFE INSURANCE COMPANY | $287 | $0 | $287 | 37.22% |
| ISU INSURANCE CHEUNG & ASSOC, INC Filed as: ISU INSURANCE CHEUNG & ASSOC INC | 1879 LUNDY AVE., STE 222 SAN JOSE, CA 95131 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $73 | $0 | $73 | 10.00% |
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 | 183 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 183 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | MEDICAL RISK MANAGEMENT | 176 | $361K |
| Dental | MEDICAL RISK MANAGEMENT | 176 | $339K |
| Vision | MEDICAL RISK MANAGEMENT | 176 | $339K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 183 | $59K |
| Short-term disability(3 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 183 | $61K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 183 | $59K |
| Stop-loss / reinsurancereinsurance | MEDICAL RISK MANAGEMENT | 176 | $339K |
| Other(3 contracts, 2 carriers) | MEDICAL RISK MANAGEMENT | 183 | $419K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 183 | — |
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.