| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GARY WOOD ASSOCIATES, INC.3 | 1212 AVENUE OF THE AMERICAS STE 900 NEW YORK, NY 10036 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $1K | — | $1K | 12.00% |
| CENTERSTONE INSURANCE AND FINANCIAL3 Filed as: CENTERSTONE INS & FINANCIAL SVS DBA | 12404 PARK CENTRAL DRIVE STE 400S DALLAS, TX 75251 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $531 | — | $531 | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 NONE | Claims processing; Contract Administrator Service code 12 | — | $125K |
| FOUNDATION RISK PARTNERS NONE | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | 1212 AVENUE OF THE AMERICAS 9TH FL NEW YORK, NY 10036 | $114K |
| CENTERSTONE INS AGCY & FIN SVCS NONE | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | 12404 PARK CENTRAL DRIVE STE 400S DALLAS, TX 75251 | $32K |
| CORPORATE SYNERGIES GROUP, LLC NONE | Insurance brokerage commissions and fees; Insurance agents and brokers Service code 22 | 2 AQUARIUM DRIVE STE 200 CAMDEN, NJ 08103 | $11K |
| PAYLOCITY EIN 36-4227403 NONE | Claims processing; Plan Administrator Service code 12 | — | $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 | 350 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 356 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH CARE AND LIFE INSURANCE COMPANY | 247 | $2.3M |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 252 | $11K |
| Other | RELIANCE STANDARD LIFE INSURANCE COMPANY | 252 | $11K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 252 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.