| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RIPPLING INSURANCE SERVICES INC3 Filed as: RIPPLING INSURANCE SERVICES, INC | 55 2ND STREET SAN FRANCISCO, CA 94105 | BLUE SHIELD OF CALIFORNIA | $49K | $0 | $49K | 4.59% |
| WAVELING INSURANCE SERVICES INC3 Filed as: WAVELING INSURANCE SERVICES, INC. | UNKNOWN COVINA, CA 91723 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $11K | $0 | $11K | 52.87% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CA INSURANCE SERVICES, INC. | UNKNOWN COVINA, CA 91723 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $7K | $0 | $7K | 31.42% |
| ALTERITY BROKER SOLUTIONS3 Filed as: ALTERITY BROKER SOLUTIONS, INC. | UNKNOWN COVINA, CA 91723 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $3K | $0 | $3K | 15.71% |
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 | 105 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 2 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 107 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE SHIELD OF CALIFORNIA | 184 | $1.1M |
| Dental | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 116 | $22K |
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 116 | $22K |
| Prescription drug | BLUE SHIELD OF CALIFORNIA | 184 | $1.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 184 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.