| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUTINA FINANCIAL, LLC3 Filed as: TRUTINA FINANCIAL | 10811 MAIN STREET BELLEVUE, WA 98004 | PRINCIPAL LIFE INSURANCE COMPANY | $17K | $3K | $19K | 6.97% |
| BELL-ANDERSON AGENCY INC3 Filed as: BELL ANDERSON AGENCY INC. | 6628 212TH STREET SW, SUITE 112 LYNNWOOD, WA 98036 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | $0 | $1K | 0.39% |
| TRUTINA FINANCIAL, LLC3 Filed as: TRUTINA FINANCIAL | 10811 MAIN STREET BELLEVUE, WA 98004 | VISION SERVICE PLAN | $656 | $0 | $656 | 3.00% |
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 | 233 | 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) | 233 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 416 | $278K |
| Vision | VISION SERVICE PLAN | 218 | $22K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 416 | $278K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 416 | $278K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 416 | $278K |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 416 | $286K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 416 | — |
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.
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.