| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MCGRIFF INSURANCE SERVICES INC3 Filed as: MCGRIFF INSURANCE SER | 405 E PETER STREET NEW IBERIA, LA 70560 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | — | $6K | 7.21% |
| GIS BENEFITS INC3 | 422 WAUPONSEE STREET MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | — | $5K | $5K | 5.58% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: HUB INTERNATIONAL MIDWEST LTD | 300 CONCOURSE BLVD SUITE 300 RIDGELAND, MS 39157 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 2.80% |
| MCGRIFF INSURANCE SERVICES INC3 Filed as: MCGRIFF BARGER INSURANCE NETWORK | 3150 S MAIN ST HARRISONBURG, VA 22801 | PRINCIPAL LIFE INSURANCE COMPANY | — | $810 | $810 | 0.92% |
| HUB INTERNATIONAL MIDWEST LIMITED Filed as: HUB INTERNATIONAL LIMITED | 150 N RIVERSIDE PLZ SUITE 1700 CHICAGO, IL 60606 | PRINCIPAL LIFE INSURANCE COMPANY | — | $681 | $681 | 0.78% |
| MCGRIFF INSURANCE SERVICES INC3 Filed as: MCGRIFF INSURANCE SERVICES, INC. | 7701 AIRPORT CENTER DRIVE SUITE 210 GREENSBORO, NC 27409 | PRINCIPAL LIFE INSURANCE COMPANY | — | $412 | $412 | 0.47% |
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 | 234 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 234 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 234 | $88K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 234 | $88K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 234 | $88K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 234 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.