| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS NEW ENGLAND LLC | ONE FINANCIAL PLAZA, 2ND FLR HARTFORD, CT 06103 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (CIGNA) | $6K | $121K | $128K | 4.94% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS NEW ENGLAND LLC | 1 FINANCIAL PLAZA, LOWER 2 HARTFORD, CT 06103 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $4K | $0 | $4K | 9.13% |
| PROFESSIONAL PENSIONS INC3 Filed as: PROFESSIONAL PENSIONS, INC | 10 RESEARCH PARKWAY WALLINGFORD, CT 06492 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | $0 | $2K | 5.00% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS NEW ENGLAND LLC | 1 FINANCIAL PLAZA, LOWER 2 HARTFORD, CT 06103 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | $0 | $2K | 7.06% |
| PROFESSIONAL PENSIONS INC3 Filed as: PROFESSIONAL PENSIONS, INC | 10 RESEARCH PARKWAY WALLINGFORD, CT 06492 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | $0 | $2K | 5.00% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS NEW ENGLAND LLC | 1 FINANCIAL PLAZA, LOWER 2 HARTFORD, CT 06103 | RELIANCE MATRIX | $2K | $0 | $2K | 7.39% |
| PROFESSIONAL PENSIONS INC3 Filed as: PROFESSIONAL PENSIONS, INC | 10 RESEARCH PARKWAY WALLINGFORD, CT 06492 | RELIANCE MATRIX | $899 | $0 | $899 | 3.18% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS NEW ENGLAND LLC | 1 FINANCIAL PLAZA, LOWER 2 HARTFORD, CT 06103 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | $0 | $2K | 10.27% |
| PROFESSIONAL PENSIONS INC3 Filed as: PROFESSIONAL PENSIONS, INC | 10 RESEARCH PARKWAY WALLINGFORD, CT 06492 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $991 | $0 | $991 | 5.00% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS NEW ENGLAND LLC | 1 FINANCIAL PLAZA, LOWER 2 HARTFORD, CT 06103 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $359 | $0 | $359 | 11.00% |
| PROFESSIONAL PENSIONS INC3 Filed as: PROFESSIONAL PENSIONS, INC | 10 RESEARCH PARKWAY WALLINGFORD, CT 06492 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $163 | $0 | $163 | 4.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 CLAIM ADMINISTRATION | Direct payment from the plan; Claims processing; Non-monetary compensation; Other services; Named fiduciary; Contract Administrator; Float revenue; Participant communication Service code 12 | — | $8K |
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 | 246 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 248 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (CIGNA) | 178 | $2.6M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (CIGNA) | 178 | $2.6M |
| Vision | RELIANCE MATRIX | 197 | $28K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 237 | $34K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 237 | $48K |
| Other(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 237 | $23K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 237 | — |
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.