| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HORSTMANN FINANCIAL & INSURANCE SER3 Filed as: HORSTMANN FINANCIAL SERVICES | 205 E RIVER PARK CIRCLE, STE 220 FRESNO, CA 93720 | BLUE SHIELD OF CALIFORNIA | $4K | $55K | $59K | 5.25% |
| WORTHAM SAN ANTONIO INC3 Filed as: JOHN E. HORSTMANN FINANCIAL & INSUR | — | FIDELITY SECURITY LIFE INSURANCE | $2K | $0 | $2K | 15.00% |
| JOHN E. HORSTMANN FINANCIAL & INS3 Filed as: JOHN E HORSTMANN FINANCIAL & INS | 205 E RIVER PARK CIR SUITE 220 FRESNO, CA 93720 | BLUE SHIELD OF CALIFORNIA | $288 | $0 | $288 | 5.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| JOHN E HORSTMANN FIN & INS SERV ADMINISTRATOR | Contract Administrator Service code 13 | 205 E RIVER PARK CIR SUITE 220 FRESNO, CA 93720 | $62K |
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 | 146 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 146 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE SHIELD OF CALIFORNIA | 144 | $1.1M |
| Dental | BLUE SHIELD OF CALIFORNIA | 144 | $1.1M |
| Vision | BLUE SHIELD OF CALIFORNIA | 144 | $1.1M |
| Life insurance | BLUE SHIELD OF CALIFORNIA | 146 | $6K |
| Short-term disability | BLUE SHIELD OF CALIFORNIA | 146 | $6K |
| Prescription drug | BLUE SHIELD OF CALIFORNIA | 144 | $1.1M |
| Other(2 contracts, 2 carriers) | FIDELITY SECURITY LIFE INSURANCE | 250 | $20K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 250 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.