| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THOMPSON FLANAGAN BENEFITS GROUP3 | 626 WEST JACKSON, SUITE 500 CHICAGO, IL 60661 | METROPOLITAN LIFE INSURANCE COMPANY | $27K | $115 | $27K | 3.76% |
| WATCHTOWER BENEFITS, LLC3 | 306 WEST ERIE STREET, SUITE 300 CHICAGO, IL 60654 | METROPOLITAN LIFE INSURANCE COMPANY | $8K | $0 | $8K | 1.12% |
| THOMPSON FLANAGAN BENEFITS GROUP3 | 626 WEST JACKSON, SUITE 500 CHICAGO, IL 60661 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $57K | $0 | $57K | 11.66% |
| WATCHTOWER BENEFITS, LLC3 | 306 WEST ERIE STREET, SUITE 300 CHICAGO, IL 60654 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | $0 | $7K | 1.34% |
| THOMPSON FLANAGAN BENEFITS GROUP3 | 626 WEST JACKSON, SUITE 500 CHICAGO, IL 60661 | UNUM INSURANCE COMPANY | $51K | $0 | $51K | 21.97% |
| WATCHTOWER BENEFITS, LLC3 | 306 WEST ERIE STREET, SUITE 300 CHICAGO, IL 60654 | UNUM INSURANCE COMPANY | $2K | $0 | $2K | 0.93% |
| LOCKTON COMPANIES, LLC3 | PO BOX 123042 DALLAS, TX 75312 | UNUM INSURANCE COMPANY | -$2K | -$252 | -$2K | -0.89% |
| THOMPSON FLANAGAN BENEFITS GROUP3 | 626 WEST JACKSON, SUITE 500 CHICAGO, IL 60661 | STARMOUNT LIFE INSURANCE COMPANY | $5K | $0 | $5K | 10.00% |
| INTERMEDIARY SOLUTIONS COMPANY4 | 5729 LEBANON ROAD, SUITE 144/211 FRISCO, TX 75034 | PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELD | $2K | $0 | $2K | 6.00% |
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 | 1,157 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 67 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,224 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 1,617 | $719K |
| Vision | STARMOUNT LIFE INSURANCE COMPANY | 761 | $54K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,124 | $491K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,124 | $491K |
| Other(3 contracts, 3 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,124 | $757K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,617 | — |
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.