| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PROFESSIONAL INS PLANNERS & CONSULT3 Filed as: PROFESSIONAL INS PLANNERS | 1521 TECHNOLOGY PKWY CEDAR FALLS, IA 50613 | WELLMARK HEALTH PLAN OF IOWA | $35K | — | $35K | 8.80% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES-MURPHY & ASSOCIATES | PO BOX 9207 DES MOINES, IA 503069207 | WELLMARK HEALTH PLAN OF IOWA | $3K | — | $3K | 0.83% |
| PROFESSIONAL INS PLANNERS & CONSULT3 Filed as: PROFESSIONAL INS PLANNER | 1521 TECHNOLGY PKWY CEDAR FALLS, IA 50613 | WELLMARK BLUE CROSS BLUE SHIELD | $12K | — | $12K | 7.82% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES-MURHPY & ASSOCIATES | PO BOX 9207 DES MOINES, IA 503069207 | WELLMARK BLUE CROSS BLUE SHIELD | $1K | — | $1K | 0.73% |
| HEALTHFIRM LLC3 | 1734 N ROOSEVELT AVE BURLINGTON, IA 52601 | DELTA DENTAL | $2K | $604 | $2K | 5.85% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES-MURPHY & ASSOCIATES | 2727 GRAND PRAIRIE PARKWAY WAUKEE, IA 50263 | DELTA DENTAL | $646 | — | $646 | 1.54% |
| HEALTHFIRM LLC3 | 1734 N ROOSEVELT AVE BURLINGTON, IA 52601 | DELTA DENTAL | $971 | — | $971 | 7.46% |
| HOLMES MURPHY & ASSOCIATES3 | 2727 GRAND PRAIRIE PARKWAY WAUKEE, IA 50263 | DELTA DENTAL | $341 | — | $341 | 2.62% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PROFESSIONAL INS PLANNERS | Insurance agents and brokers Service code 22 | 1521 TECHNOLOGY PKWY CEDAR FALLS, IA 50613 | $47K |
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 | 107 | 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) | 107 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | WELLMARK HEALTH PLAN OF IOWA | 81 | $550K |
| Dental | DELTA DENTAL | 87 | $42K |
| Vision | DELTA DENTAL | 83 | $13K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 87 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.