| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BGA FINANCIAL3 | 103 PARK STREET P.O. BOX 630 LEWISTON, ME 042430630 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $3K | — | $3K | 3.18% |
| BUSINESS INSURANCE AGENCY3 | D/B/A CROSS INSURANCE P.O. BOX 469 AUGUSTA, ME 043320469 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $2K | — | $2K | 1.72% |
| CROSS INSURANCE3 | P.O. BOX 1388 BANGOR, ME 044021388 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | — | $804 | $804 | 0.73% |
| BGA FINANCIAL3 | 75 MARKET STREET PORTLAND, ME 04101 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $5K | — | $5K | 15.00% |
| BGA FINANCIAL3 | 75 MARKET STREET PORTLAND, ME 04101 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | — | $4K | 15.00% |
| BGA FINANCIAL3 | 75 MARKET STREET PORTLAND, ME 04101 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 15.00% |
| BGA FINANCIAL3 | 75 MARKET STREET PORTLAND, ME 04101 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $252 | — | $252 | 14.98% |
| BGA FINANCIAL3 Filed as: BGA FINANCIAL INC | 75 MARKET STREET, SUITE 401 PORTLAND, ME 041015031 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | $128 | $1K | — |
| BUSINESS INSURANCE AGENCY3 Filed as: BUSINESS INSURANCE AGENCY INC | P.O. BOX 469 AUGUSTA, ME 043320469 | METROPOLITAN LIFE INSURANCE COMPANY | $34 | — | $34 | — |
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 | 129 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 130 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 136 | $110K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 108 | $32K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 174 | $21K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 122 | $25K |
| Other(2 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 108 | $2K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 174 | — |
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.