| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BRATRUD MIDDLETON INSURANCE3 | 1201 PACIFIC AVENUE TACOMA, WA 98402 | GUARDIAN | $4K | — | $4K | 2.18% |
| PARKER SMITH & FEEK INC.3 | 2233 112TH AVE., NE BELLEVUE, WA 98004 | GUARDIAN | $2K | — | $2K | 1.16% |
| BRATRUD MIDDLETON INSURANCE3 | 1201 PACIFIC AVENUE TACOMA, WA 98402 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | $723 | $5K | 11.35% |
| PARKER SMITH & FEEK INC.3 | 2233 112TH AVE., NE BELLEVUE, WA 98004 | USABLE LIFE | $2K | — | $2K | 8.01% |
| CONNEXION INSURANCE SOLUTIONS3 | P.O. BOX 34315 SEATTLE, WA 98124 | USABLE LIFE | $1K | — | $1K | 7.56% |
| BRATRUD MIDDLETON INSURANCE3 | 1201 PACIFIC AVENUE TACOMA, WA 98402 | USABLE LIFE | $1K | — | $1K | 6.34% |
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 | 151 | 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) | 151 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 138 | $164K |
| Vision | GUARDIAN | 138 | $164K |
| Life insurance | USABLE LIFE | 155 | $19K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 174 | $43K |
| Other | USABLE LIFE | 155 | $19K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 174 | — |
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."
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.