| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE FERMAN GROUP3 Filed as: THE FERMAN GROUP, LLC | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $38K | $38K | 4.36% |
| ROGERS BENEFIT GROUP INC3 | 5110 N 40TH STREET SUITE 234 PHOENIX, AZ 85018 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $18K | $18K | 2.08% |
| THE FERMAN GROUP3 Filed as: THE FERMAN GROUP, LLC | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $4K | — | $4K | 0.43% |
| THE FERMAN GROUP3 Filed as: THE FERMAN GROUP, LLC | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $3K | $3K | 0.34% |
| GEOFFREY S FERMAN3 | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 5.00% |
| GEOFFREY S FERMAN3 | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (LTD) | $3K | — | $3K | 13.46% |
| GEOFFREY S FERMAN3 | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (LTD) | — | — | $0 | 0.00% |
| GEOFFREY S FERMAN3 | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 11.15% |
| GEOFFREY S FERMAN3 | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | — | $0 | 0.00% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH SALDANA | CITY VIEW PLAZA, TORRE 1 SUITE 700 GUAYNABO, PR 00968 | TRIPLE S SALUD, INC. | $256 | — | $256 | 4.99% |
| GEOFFREY S FERMAN3 | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $279 | — | $279 | 14.99% |
| GEOFFREY S FERMAN3 | 111 FOUNDERS PLAZA STE 1704 EAST HARTFORD, CT 06108 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $204 | — | $204 | 20.02% |
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 | 124 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 124 | 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 | 318 | $875K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 318 | $870K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 115 | $12K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (LTD) | 124 | $20K |
| Other(4 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 115 | $40K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 318 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.