| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| M & O AGENCIES INC3 Filed as: M&O AGENCIES INC | 1835 S EXTENSION RD MESA, AZ 852105942 | PRINCIPAL LIFE INSURANCE COMPANY | $51K | — | $51K | 9.26% |
| ARIZONA BENEFIT CONSULTANTS LLC3 | PO BOX 32429 PHOENIX, AZ 850642429 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | $5K | $10K | 1.72% |
| GBS ARIZONA INC3 | 2333 W UNIVERSITY DR STE C-103 TEMPE, AZ 852817349 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | $2K | $7K | 1.29% |
| DONALD D MOLLIHAN3 Filed as: DONALD D. MOLLIHAN | 3480 SOUTH VISTA DRIVE CHANDLER, AZ 85248 | SHELTERPOINT LIFE INSURANCE COMPANY | $149 | — | $149 | 32.60% |
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 | 1,319 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,319 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 1,594 | $556K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 1,594 | $556K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 1,594 | $556K |
| Stop-loss / reinsurancereinsurance(2 contracts) | EVEREST | 583 | $743K |
| Other | SHELTERPOINT LIFE INSURANCE COMPANY | 1 | $457 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,594 | — |
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.