| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PROPEL INSURANCE AGENCY LLC3 Filed as: PROPEL INSURANCE AGENCY, LLC | 1201 PACIFIC AVE SUITE 1000 TACOMA, WA 98402 | THE GUARDIAN INSURANCE COMPANY OF AMERICA | $33K | — | $33K | 13.94% |
| JENNON M CARUTH3 | 1331 HEATHER COURT CHANHASSEN, MN 55317 | THE GUARDIAN INSURANCE COMPANY OF AMERICA | $24K | — | $24K | 9.89% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC. | — | THE GUARDIAN INSURANCE COMPANY OF AMERICA | $0 | $10K | $10K | 4.34% |
| GCG FINANCIAL LLC3 Filed as: CLARITY, AN ALERA GROUP COMPANY | 7825 WASHINGTON AVENUE SOUTH SUITE 170 MINNEAPOLIS, MN 55439 | THE GUARDIAN INSURANCE COMPANY OF AMERICA | $838 | — | $838 | 0.35% |
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 | 318 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 319 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 231 | $605K |
| Dental | THE GUARDIAN INSURANCE COMPANY OF AMERICA | 231 | $240K |
| Vision | THE GUARDIAN INSURANCE COMPANY OF AMERICA | 231 | $240K |
| Life insurance | THE GUARDIAN INSURANCE COMPANY OF AMERICA | 231 | $240K |
| Short-term disability | THE GUARDIAN INSURANCE COMPANY OF AMERICA | 231 | $240K |
| Long-term disability | THE GUARDIAN INSURANCE COMPANY OF AMERICA | 231 | $240K |
| Other | THE GUARDIAN INSURANCE COMPANY OF AMERICA | 231 | $240K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 231 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.