| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MAGNUSON & ASSOCIATES LTD3 Filed as: MAGNUSON & ASSOCIATES | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $97K | $97K | 5.00% |
| MAGNUSON & ASSOCIATES LTD3 Filed as: MAGNUSON & ASSOCIATES | 4337 E. 5TH ST. TUCSON, AZ 85711 | SUN LIFE ASSURANCE COMPANY OF CANADA | $11K | — | $11K | 9.63% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: BLACK GOULD& ASSOCIATES INC. | 3800 N. CENTRAL AVE 9TH FLOOR PHOENIX, AZ 85012 | PRINCIPAL FINANCIAL GROUP | $9K | — | $9K | 8.44% |
| MAGNUSON & ASSOCIATES LTD3 Filed as: MAGNUSON & ASSOCIATES | — | EYEMED VISION CARE | $2K | — | $2K | 9.13% |
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 | 237 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 237 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 237 | $1.9M |
| Dental | PRINCIPAL FINANCIAL GROUP | 348 | $107K |
| Vision | EYEMED VISION CARE | 332 | $27K |
| Other | MHN SERVICES | 202 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 348 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.