| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.3 Filed as: IMA | 1705 17TH STREET #100 DENVER, CO 80202 | SUN LIFE ASSURANCE COMPANY | $7K | $6K | $12K | 10.56% |
| NOVO BENEFITS, LLC3 Filed as: NOVO BENEFITS | 11755 E PEAKVIEW AVE #250 ENGLEWOOD, CO 80111 | SUN LIFE ASSURANCE COMPANY | $8K | $0 | $8K | 7.21% |
| NOVO BENEFITS, LLC3 | 11755 E PEAKVIEW AVE #250 ENGLEWOOD, CO 80111 | VISION SERVICE PLAN | $1K | $0 | $1K | 3.02% |
| IMA, INC.3 | PO BOX 2992 WICHITA, KS 67201 | VISION SERVICE PLAN | $551 | $0 | $551 | 1.60% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UMR, INC EIN 39-1995276 CLAIMS PROCESSING | Claims processing Service code 12 | — | $243K |
| NOVO BENEFITS, LLC EIN 46-1359884 BROKER | Other commissions Service code 55 | — | $32K |
| IMA, INC. EIN 20-2557329 BROKER | Insurance agents and brokers Service code 22 | — | $19K |
| DELTA DENTAL EIN 84-0568337 CLAIMS ADMINISTRATOR | Contract Administrator Service code 13 | — | $15K |
| HOME LOAN & INVESTMENT CO. EIN 84-0229710 BROKER | Other commissions Service code 55 | — | $15K |
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 | 322 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 325 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 231 | $34K |
| Life insurance | SUN LIFE ASSURANCE COMPANY | 414 | $116K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY | 414 | $116K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY | 414 | $116K |
| Other | SUN LIFE ASSURANCE COMPANY | 414 | $116K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 414 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.