| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES, INC.3 | PO BOX 95287 CHICAGO, IL 60694 | HEALTH PARTNERS | $38K | $7K | $45K | 3.64% |
| GALLAGHER BENEFIT SERVICES, INC.3 | PO BOX 95287 CHICAGO, IL 60694 | PRINCIPAL LIFE INSURANCE COMPANY | $10K | $3K | $13K | 12.58% |
| MC ADVISORS3 | 425 2ND STREET SE, SUITE 1275 CEDAR RAPIDS, IA 52401 | PRINCIPAL LIFE INSURANCE COMPANY | — | $5K | $5K | 4.42% |
| MATTHEW STEVEN REDNOUR3 | UNKNOWN CEDAR RAPIDS, IA 52404 | ASSURITY LIFE INSURANCE COMPANY | $6K | — | $6K | 8.71% |
| WARE GROUP GENERAL AGENCIES3 | UNKNOWN CEDAR RAPIDS, IA 52404 | ASSURITY LIFE INSURANCE COMPANY | $5K | — | $5K | 7.50% |
| GALLAGHER BENEFIT SERVICES, INC.3 | PO BOX 95287 CHICAGO, IL 60694 | ASSURITY LIFE INSURANCE COMPANY | $5K | $0 | $5K | 7.32% |
| ERIN BRZOZOWSKI, INC.3 | UNKNOWN CEDAR RAPIDS, IA 52404 | ASSURITY LIFE INSURANCE COMPANY | $669 | — | $669 | 1.02% |
| NORTH RISK PARTNERS LLC3 Filed as: NORTH RISK PARTNERS, LLC | UNKNOWN CEDAR RAPIDS, IA 52404 | ASSURITY LIFE INSURANCE COMPANY | $240 | — | $240 | 0.37% |
| MICHAEL PETERS & ASSOCIATES, INC.3 | UNKNOWN CEDAR RAPIDS, IA 52404 | ASSURITY LIFE INSURANCE COMPANY | $75 | — | $75 | 0.11% |
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 | 126 | 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) | 126 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTH PARTNERS | 271 | $1.2M |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 259 | $103K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 259 | $103K |
| Short-term disability(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 319 | $168K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 259 | $103K |
| Prescription drug | HEALTH PARTNERS | 271 | $1.2M |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 319 | $168K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 319 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.