| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NORTON FINANCIAL SERVICES3 | 275 US ROUTE ONE CUMBERLAND FORESIDE, ME 04110 | CIGNA LIFE INS CO OF NEW YORK | $4K | $2K | $5K | 7.06% |
| NORTON FINANCIAL SERVICES3 Filed as: NORTON FINANCIAL SERVICES, INC. | 275 US ROUTE ONE CUMBERLAND FORESIDE, ME 04110 | CIGNA LIFE INC CO OF NEW YORK | $3K | $1K | $5K | 8.88% |
| NORTON FINANCIAL SERVICES3 | 275 US ROUTE ONE CUMBERLAND FORESIDE, ME 04110 | CIGNA LIFE INS CO OF NEW YORK | $5K | $2K | $6K | 12.50% |
| NORTON FINANCIAL SERVICES3 Filed as: NORTON FINANCIAL SERVICES, INC. | 275 US ROUTE ONE CUMBERLAND FORESIDE, ME 04110 | CIGNA LIFE INS CO OF NEW YORK | $1K | $272 | $2K | 9.33% |
| NORTON FINANCIAL SERVICES3 Filed as: NORTON FINANCIAL SERVICES, INC. | 275 US ROTE ONE CUMBERLAND FORESIDE, ME 04110 | CIGNA LIFE INS CO OF NEW YORK | $2K | $403 | $2K | 12.27% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 INSURANCE CO/ CONTRACT A | Named fiduciary; Direct payment from the plan; Participant communication; Non-monetary compensation; Other services; Contract Administrator; Claims processing Service code 12 | — | $791K |
| HUB INTERNATIONAL NEW ENGLAND, LLC INSURANCE AGENT | Insurance agents and brokers Service code 22 | 275 US ROUTE ONE CUMBERLAND FORESIDE, ME 04110 | $118K |
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 | 408 | 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) | 408 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | CIGNA LIFE INS CO OF NEW YORK | 428 | $77K |
| Short-term disability | CIGNA LIFE INC CO OF NEW YORK | 408 | $54K |
| Long-term disability | CIGNA LIFE INS CO OF NEW YORK | 408 | $50K |
| Other(3 contracts) | CIGNA LIFE INS CO OF NEW YORK | 428 | $112K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 428 | — |
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.