| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC3 | 1787 SENTRY PARKWAY W BLUE BELL, PA 19422 | AETNA LIFE INSURANCE COMPANY | $4K | $6K | $10K | 0.35% |
| CAMBRIDGE LIFE BROKERAGE LLC3 | 875 AVENUE OF THE AMERICAS 350 FIFTH AVENUE, SUITE 875 NEW YORK, NY 10001 | AETNA LIFE INSURANCE COMPANY | $278 | — | $278 | 0.01% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62937 VIRGINIA BEACH, VA 23466 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $3K | — | $3K | 8.47% |
| ROGERS BENEFIT GROUP INC3 Filed as: ROGERS BENEFIT GROUP | 7310N 16TH ST SUITE 226 PHOENIX, AZ 85020 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $1K | $1K | 4.24% |
| CAMBRIDGE LIFE BROKERAGE LLC3 | 1 COPPERFIELD WAY MORRISTOWN, NJ 07960 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $512 | — | $512 | 1.53% |
| EMERSON REID LLC3 | 1787 SENTRY PARKWAY SUITE 320 BLUE BELL, PA 19422 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $256 | $256 | 0.76% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62937 VIRGINIA BEACH, VA 23466 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $3K | — | $3K | 11.38% |
| ROGERS BENEFIT GROUP INC3 Filed as: ROGERS BENEFIT GROUP | 7310N 16TH ST SUITE 226 PHOENIX, AZ 85020 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $1K | $1K | 4.24% |
| CAMBRIDGE LIFE BROKERAGE LLC3 | 1 COPPERFIELD WAY MORRISTOWN, NJ 07960 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $348 | — | $348 | 1.34% |
| EMERSON REID LLC3 | 1787 SENTRY PARKWAY SUITE 320 BLUE BELL, PA 19422 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $197 | $197 | 0.76% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62939 VIRGINIA BEACH, VA 23466 | VISION SERVICE PLAN | $777 | — | $777 | 6.73% |
| CAMBRIDGE LIFE BROKERAGE LLC3 | 1 COPPERFIELD WAY MORRISTOWN, NJ 07960 | VISION SERVICE PLAN | $187 | — | $187 | 1.62% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62937 VIRGINIA BEACH, VA 23466 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $242 | — | $242 | 8.48% |
| ROGERS BENEFIT GROUP INC3 Filed as: ROGERS BENEFIT GROUP | 7310N 16TH ST SUITE 226 PHOENIX, AZ 85020 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $121 | $121 | 4.24% |
| CAMBRIDGE LIFE BROKERAGE LLC3 | 1 COPPERFIELD WAY MORRISTOWN, NJ 07960 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $44 | — | $44 | 1.54% |
| EMERSON REID LLC3 | 1787 SENTRY PARKWAY SUITE 320 BLUE BELL, PA 19422 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $22 | $22 | 0.77% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62937 VIRGINIA BEACH, VA 23466 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $501 | $501 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| USI INSURANCE SERVICES LLC BROKER | Other services; Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | 1737 SENTRY PKWY W BLUE BELL, PA 19422 | $100K |
| CAMBRIDGE LIFE BROKERAGE LLC BROKER | Direct payment from the plan; Other services; Contract Administrator; Claims processing Service code 12 | 875 AVENUE OF THE AMERICAS SUITE 801 NEW YORK, NY 10001 | $9K |
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 | 235 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 235 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 235 | $2.8M |
| Dental | AETNA LIFE INSURANCE COMPANY | 235 | $2.8M |
| Vision | VISION SERVICE PLAN | 123 | $12K |
| Life insurance | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | 0 | $34K |
| Long-term disability(2 contracts, 2 carriers) | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | 0 | $26K |
| Other | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | 0 | $3K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 235 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.