| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KELLY GARRETT SKAGGS3 Filed as: KELLY G SKAGGS | 1276 N 15TH AVE STE 202 BOZEMAN, MT 59715 | NORTHWESTERN MUTUAL | $2K | $491 | $3K | 10.91% |
| JEFFREY MATTHEW REYNOLDS3 Filed as: JEFFREY M REYNOLDS | 3302 4TH AVE N STE 200 BILLINGS, MT 59101 | NORTHWESTERN MUTUAL | $708 | $164 | $872 | 3.64% |
| CASTRONOVO FINANCIAL GROUP INC3 Filed as: CASTRONOVO FNCL GP INC | 1276 N 15TH AVE STE 202 BOZEMAN, MT 59715 | NORTHWESTERN MUTUAL | $629 | $55 | $684 | 2.85% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PAYNEWEST INSURANCE INC | 811 NORTH COAST HIGHWAY NEWPORT, OR 97365 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $807 | $471 | $1K | 15.83% |
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 | 176 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 176 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 176 | $8K |
| Long-term disability | NORTHWESTERN MUTUAL | 86 | $24K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 176 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.