| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FOUNDATION RISK PARTNERS CORP3 | 11150 W. OLYMPIC BLVD., SUITE 610 LOS ANGELES, CA 90064 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 9.18% |
| LLOYD S. BERKETT INSURANCE AGENCY3 Filed as: LLOYD S. BERKETT AGENCY | 11150 W. OLYMPIC BLVD., SUITE 610 LOS ANGELES, CA 90064 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $947 | — | $947 | 3.93% |
| FOUNDATION RISK PARTNERS CORP3 Filed as: FOUNDATION RISK PARTNERS CORP. | 11150 W. OLYMPIC BLVD., SUITE 610 LOS ANGELES, CA 90064 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $887 | — | $887 | 7.33% |
| LLOYD S. BERKETT INSURANCE AGENCY3 Filed as: LLOYD S. BERKETT AGENCY | 11150 W. OLYMPIC BLVD., SUITE 610 LOS ANGELES, CA 90064 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $323 | — | $323 | 2.67% |
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 | 201 | 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) | 201 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 201 | $12K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 200 | $24K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 201 | $12K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 201 | — |
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.