| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JOHN E. HORSTMANN FINANCIAL & INS3 Filed as: JOHN E HORSTMANN INS SERVICE | 205 E RIVER PARK CIR FRESNO, CA 93720 | RELIASTAR LIFE INSURANCE COMPANY | $80K | — | $80K | 7.80% |
| FOUNDATION RISK PARTNERS CORP3 Filed as: FOUNDATION RISK PARTNERS, CORP | 125 EDINBURGH SOUTH DR STE 300 CARY, NC 27511 | RELIASTAR LIFE INSURANCE COMPANY | $31K | $31K | $62K | 6.00% |
| BURNHAM BENEFITS INSURANCE SERVICES3 Filed as: BURNHAM BENEFITS INS SERVICES | 2211 MICHELSON DR STE 1200 IRVINE, CA 92612 | RELIASTAR LIFE INSURANCE COMPANY | $54K | — | $54K | 5.21% |
| HORSTMANN FINANCIAL & INSURANCE SER3 | 205 E RIVERPARK CIRCLE SUITE 220 FRESNO, CA 93720 | BLUE SHIELD OF CA | $39K | — | $39K | 3.76% |
| BURNHAM BENEFITS INSURANCE SERVICES3 Filed as: BURNHAM BENEFITS INSURANCE SER | 2211 MICHELSON DRIVE SUITE 1200 IRVINE, CA 92612 | BLUE SHIELD OF CA | $21K | — | $21K | 2.02% |
| TOWER BENEFIT CONSULTANTS3 Filed as: TOWER BENEFIT CONSULTANTS INC | 5520 GREENWICH ROAD STE 106 VIRGINIA BEACH, VA 23452 | SYMETRA LIFE INSURANCE COMPANY | $643 | $2K | $2K | 7.36% |
| JOHN E. HORSTMANN FINANCIAL & INS3 Filed as: JOHN E HORSTMANN FIN INS | 205 EAST RIVER PARK CIRCLE SUITE 220 FRESNO, CA 93720 | GUARDIAN | $4K | $170 | $5K | 15.15% |
| BURNHAM BENEFITS INSURANCE SERVICES3 Filed as: BURNHAM BENEFTS INSURANCE SER | 2211 MICHELSON DRIVE SUITE 1200 IRVINE, CA 92612 | GUARDIAN | $1K | $260 | $2K | 5.73% |
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 | 493 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 493 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE SHIELD OF CA | 457 | $1.0M |
| Dental | GUARDIAN | 493 | $30K |
| Life insurance | BLUE SHIELD OF CA | 457 | $1.0M |
| Long-term disability | SYMETRA LIFE INSURANCE COMPANY | 0 | $32K |
| Prescription drug | BLUE SHIELD OF CA | 457 | $1.0M |
| Other(2 contracts, 2 carriers) | RELIASTAR LIFE INSURANCE COMPANY | 457 | $2.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 493 | — |
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.