| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HICKOK & BOARDMAN FINANCIAL | PO BOX 1064 BURLINGTON, VT 05402 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $36K | — | $36K | 7.04% |
| HICKOK & BOARDMAN FINANCIAL | PO BOX 1064 BURLINGTON, VT 05402 | DELTA DENTAL | $4K | — | $4K | 4.94% |
| COMBINED SERVICES LLC | PO BOX 1320 CONCORD, NH 03302 | DELTA DENTAL | $960 | — | $960 | 1.19% |
| HICKOK & BOARDMAN FINANCIAL | PO BOX 1064 BURLINGTON, VT 05402 | VISION SERVICE PLAN | $1K | — | $1K | 5.37% |
| HICKOK & BOARDMAN FINANCIAL3 | PO BOX 1064 BURLINGTON, VT 05402 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $1K | $4K | 19.55% |
| HICKOK & BOARDMAN FINANCIAL3 | PO BOX 1064 BURLINGTON, VT 05402 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $993 | $3K | 15.69% |
| HICKOK & BOARDMAN FINANCIAL | PO BOX 1064 BURLINGTON, VT 05402 | BLUE CROSS BLUE SHIELD OF VERMONT | $8K | — | $8K | — |
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 | 143 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 143 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 198 | $518K |
| Dental | DELTA DENTAL | 225 | $80K |
| Vision | VISION SERVICE PLAN | 106 | $21K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 209 | $18K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 160 | $20K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 209 | $18K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 225 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.