| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| M. FINANCIAL HOLDINGS INCORPORATED3 Filed as: SCS FINANICAL | 7 TURTLE CLAN CT MILLSTONE TWP, NJ 08510 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $136K | — | $136K | 5.83% |
| ASSUREDPARTNERS3 Filed as: EMERSON ROGERS, LLC | 1787 SENTRY PKWY W VEVA 16 STE 320 BLUE BELL, PA 19422 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $108K | $108K | 4.61% |
| SCS FINANCIAL3 | 7 TURTLE CLAN CT MILLSTONE TWP, NJ 08510 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $31K | — | $31K | 7.48% |
| ASSUREDPARTNERS3 Filed as: EMERSON ROGERS, LLC. | 1787 SENTRY PKWY W VEVA 16 STE 320 BLUE BELL, PA 19422 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $14K | $14K | 3.29% |
| ASSUREDPARTNERS3 Filed as: EMERSON ROGERS LLC | 669 RIVER DRIVE SUITE 305 ELMWOOD PARK, NJ 07407 | STANDARD INSURANCE COMPANY | $7K | — | $7K | 5.00% |
| SCS FINANCIAL3 Filed as: SCS FINANCIAL LLC | 7 TURTLE CLAN CT MILLSTONE TOWNSHIP, NJ 08510 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 3.22% |
| ASSUREDPARTNERS3 Filed as: EMERSON ROGERS LLC | 669 RIVER DRIVE SUITE 305 ELMWOOD PARK, NJ 07407 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 5.00% |
| SCS FINANCIAL3 Filed as: SCS FINANCIAL LLC | 7 TURTLE CLAN CT MILLSTONE TOWNSHIP, NJ 08510 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 4.54% |
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 | 500 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 7 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 507 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,227 | $2.3M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,119 | $413K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,119 | $413K |
| Life insurance | STANDARD INSURANCE COMPANY | 487 | $136K |
| Short-term disability | STANDARD INSURANCE COMPANY | 487 | $80K |
| Other | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,227 | $2.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,227 | — |
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.