| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KELLY GARRETT SKAGGS3 Filed as: KELLY G SKAGGS | 1276 N 15TH AVENUE STE 202 BOZEMAN, MT 59715 | NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY | $3K | $699 | $3K | 11.96% |
| JEFFREY MATTHEW REYNOLDS3 Filed as: JEFFREY M REYNOLDS | 3302 4TH AVE N STE 200 BILLINGS, MT 59101 | NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY | $835 | $210 | $1K | 3.90% |
| CASTRONOVO FINANCIAL GROUP INC3 | 1276 N 15TH AVE STE 202 BOZEMAN, MT 59715 | NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY | $667 | $80 | $747 | 2.79% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PAYNEWEST INSURANCE, INC. | 811 NORTH COAST HIGHWAY NEWPORT, OR 97365 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $911 | $482 | $1K | 15.29% |
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 | 165 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 165 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 165 | $9K |
| Long-term disability | NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY | 83 | $27K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 165 | — |
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.