| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUENORTH COMPANIES LC3 | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | AMERITAS LIFE INSURANCE CORP. | $44K | $3K | $47K | 10.74% |
| TRUENORTH COMPANIES LC3 | 421 4TH AVENUE SE CEDAR RAPIDS, IA 52401 | RELIASTAR LIFE INSURANCE COMPANY | $25K | $2K | $28K | 7.12% |
| FRANK BERLIN & ASSOCIATES3 Filed as: FRANK W BERLIN & ASSOCIATES LLC | 4949 WESTOWN PKWY STE 100 WEST DES MOINES, IA 502666704 | RELIASTAR LIFE INSURANCE COMPANY | $22K | — | $22K | 5.80% |
| WEX HEALTH, INC.3 | 82 HOPMEADOW ST STE 220 WEATOGUE, CT 060899694 | RELIASTAR LIFE INSURANCE COMPANY | — | $3K | $3K | 0.85% |
| BENEFIT EXPRESS SERVICES LLC3 Filed as: BENEFIT EXPRESS SERVICES, LLC | 1700 E GOLF RD STE 1000 SCHAUMBURG, IL 601735863 | RELIASTAR LIFE INSURANCE COMPANY | — | $2K | $2K | 0.45% |
| SELECT NETWORKS3 | 317 6TH AVE. SUITE 1040 DES MOINES, IA 50309 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $11K | — | $11K | 11.96% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH CO | P.O. BOX 1863 CEDAR RAPIDS, IA 52406 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $10K | — | $10K | 10.88% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES, L.C. | 500 1ST STREET SE CEDAR RAPIDS, IA 52401 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $11K | — | $11K | 20.00% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES, L.C. | 500 1ST STREET SE CEDAR RAPIDS, IA 52401 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $5K | — | $5K | 20.00% |
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 | 1,662 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 7 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,669 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | RELIASTAR LIFE INSURANCE COMPANY | 938 | $386K |
| Dental | AMERITAS LIFE INSURANCE CORP. | 1,634 | $438K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 1,291 | $95K |
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 938 | $386K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 200 | $54K |
| Long-term disability(2 contracts, 2 carriers) | RELIASTAR LIFE INSURANCE COMPANY | 938 | $410K |
| Other(3 contracts, 2 carriers) | RELIASTAR LIFE INSURANCE COMPANY | 938 | $464K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,634 | — |
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.