| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DAVID A. MOLENAAR3 Filed as: DAVID A MOLENAAR | 1188 BISHOP ST. STE 1708 HONOLULU, HI 96813 | NOTHWESTERN MUTUAL | $3K | $767 | $4K | 14.65% |
| THOMAS JOSEPH MCTIGUE3 Filed as: THOMAS JOSEPH MC TIGUE | PIONEER PLAZA 900 FORT ST MALL STE 500 HONOLULU, HI 96813 | NOTHWESTERN MUTUAL | $501 | $119 | $620 | 2.41% |
| GARRETT J BLEAKLEY INS3 Filed as: GARRETT J BLEAKLEY INS. | ONE AMERICA PLAZA 600 W BROADWAY STE 600 SAN DIEGO, CA 92101 | NOTHWESTERN MUTUAL | $445 | $39 | $484 | 1.88% |
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 | 149 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 149 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Long-term disability | NOTHWESTERN MUTUAL | 0 | $26K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 0 | — |
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."
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.