| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEALTH PARTNER GROUP LLC3 Filed as: STEALTH PARTNER GROUP | 55 WATER STREET NEW YORK, NY 10041 | QBE INSURANCE | — | $40K | $40K | 7.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NAVITUS HEALTH SOLUTION EIN 04-3608530 NONE | Claims processing Service code 12 | 12301 RESEARCH BLVD PLAZA V SUITE 350 AUSTIN, TX 78759 | $682K |
| STEALTH PARTNER GROUP EIN 27-0290866 NONE | Insurance agents and brokers Service code 22 | 18700 N HAYDEN RD SUITE 405 SCOTTSDALE, AZ 85255 | $569K |
| WEBTPA EMPLOYER SERVICES INC EIN 75-2611444 CLAIMS ADMINISTRATOR | Insurance services Service code 23 | 8500 FREEPORT PKWY 400 IRVING, TX 75063 | $386K |
| CONOVER EIN 27-3052908 INSURANCE CONSULTANT | Consulting (general) Service code 16 | 4 BROOKWOOD CT APPLETON, WI 54914 | $37K |
| KERN & THOMPSON, LLC EIN 93-1157146 NONE | Accounting (including auditing) Service code 10 | 1800 SW FIRST AVE STE 410 PORTLAND, OR 972015333 | $13K |
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 | 631 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 633 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | QBE INSURANCE | 525 | $603K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 525 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.