| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JOHN JAMES BENEFITS LTD3 | 80 LIDO BLVD PO BOX 40 POINT LOOKOUT, NY 11569 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $125K | $50K | $175K | 7.00% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY | 1305 WALT WHITMAN RD SUITE 310 MELVILLE, NY 11747 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $23K | $9K | $32K | 1.26% |
| JOHN JAMES BENEFITS LTD3 | PO BOX 40 POINT LOOKOUT, NY 11569 | AETNA LIFE INSURANCE CO. | $12K | — | $12K | 5.95% |
| EMERSON REID LLC3 | 1787 SENTRY PARKWAY SUITE 320 BLUE BELL, PA 19422 | AETNA LIFE INSURANCE CO. | $6K | — | $6K | 2.98% |
| EMERSON REID LLC3 | 1305 WALT WHITMAN RD SUITE 310 MELVILLE, NY 11747 | HARTFORD LIFE AND ACCIDENT | $7K | — | $7K | 22.00% |
| USI INSURANCE SERVICES LLC3 Filed as: USI INS SERVICES LLC | 470 PARK AVENUE SOUTH FLOOR 6 NEW YORK, NY 10016 | HARTFORD LIFE AND ACCIDENT | — | $125 | $125 | 0.42% |
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 | 309 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 309 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 327 | $2.5M |
| Dental | AETNA LIFE INSURANCE CO. | 397 | $199K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 327 | $2.5M |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 344 | $30K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 344 | $30K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 327 | $2.5M |
| Other | HARTFORD LIFE AND ACCIDENT | 344 | $30K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 397 | — |
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.