| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EWI RE INC3 Filed as: EWI RE INC, | THREE LINCOLN CENTRE 5430 LBJ FREEWAY DALLAS, TX 75240 | QBE INSURANCE | — | $71K | $71K | 10.00% |
| STEALTH PARTNER GROUP LLC5 Filed as: STEALTH BENEFIT SOLUTIONS LLC | DBA STEALTH PARTNER GROUP 18940 N PIMA ROAD SUITE 120 SCOTTSDALE, AZ 85255 | QBE INSURANCE | — | $50K | $50K | 7.00% |
| XCORP NO. 5566103 | SUITE 321 7107 S YALE TULSA, OK 74136 | SECURITY LIFE OF DENVER INSURANCE COMPANY, DENVER CO | $42K | — | $42K | 6.10% |
| PATRICK BAINES / THE BROWNING GROUP3 | SUITE 187 2 INVERNESS DR. E GREENWOOD VILLAGE, CO 801125507 | SECURITY LIFE OF DENVER INSURANCE COMPANY, DENVER CO | $12K | — | $12K | 1.78% |
| GEORGE F. BASHAW JR.3 Filed as: GEORGE BASHAW | SUITE 321 7107 S YALE TULSA, OK 74136 | SECURITY LIFE OF DENVER INSURANCE COMPANY, DENVER CO | $2K | — | $2K | 0.27% |
| M FINANCIAL HOLDINGS INC3 Filed as: M FINANCIAL | 1125 NW COUCH STREET SUITE 900 PORTLAND, OR 972094129 | SECURITY LIFE OF DENVER INSURANCE COMPANY, DENVER CO | $1K | — | $1K | 0.18% |
| EWI RE INC3 | THREE LINCOLN CENTRE 5430 LBJ FREEWAY, SUITE 1600 DALLAS, TX 75240 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $14K | — | $14K | 17.00% |
| STEALTH PARTNER GROUP LLC3 Filed as: STEALTH BENEFIT SOLUTIONS LLC | 18940 N PIMA ROAD SUITE 210 SCOTTSDALE, AZ 85255 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $6K | $6K | 7.48% |
| GEORGE F. BASHAW JR.3 | XCORP 7107 S YALE, #321 TULSA, OK 741366308 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 7.39% |
| DIRECT BENEFITS INC3 Filed as: DIRECT | 175 WATER STREET NEW YORK, NY 10038 | NATIONAL UNION FIRE INSURANCE CO. OF PITTSBURG, PA | $0 | $0 | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | UMR, INC. PO BOX 1087 WAUSSAU, WI 544021087 | $182K |
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 | 287 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 13 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 300 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | UNITED HEALTHCARE INSURANCE COMPANY | 211 | $33K |
| Life insurance(2 contracts, 2 carriers) | SECURITY LIFE OF DENVER INSURANCE COMPANY, DENVER CO | 302 | $720K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 302 | $81K |
| Other | NATIONAL UNION FIRE INSURANCE CO. OF PITTSBURG, PA | 598 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 598 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.