No brokers reported on this filing.
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY EIN 42-0127290 CONTRACT ADMINISTRATOR | Contract Administrator; Participant loan processing; Recordkeeping fees; Direct payment from the plan Service code 13 | — | $2.1M |
| CAPFINANCIAL PARTNERS LLC EIN 26-0058143 INVESTMENT ADVISOR | Direct payment from the plan; Investment advisory (plan) Service code 27 | — | $154K |
| BDO USA, P.A. EIN 13-5381590 AUDITOR | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $96K |
| DICKINSON WRIGHT PLLC EIN 38-1364333 LEGAL | Legal; Direct payment from the plan Service code 29 | — | $25K |
| MORNINGSTAR INVESTMENT MANAGEMENT EIN 36-4317381 INVESTMENT ADVISOR | Consulting fees; Investment advisory (participants) Service code 26 | — | $0 |
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 | 25,267 | Currently employed and enrolled or eligible. |
| Retired/separated still eligible | 5,945 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 84 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 31,296 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY | 4 | $591 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.