| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JAMES P. REAGAN AGENCY, INC.7 | 8 E. MAIN STREET P.O. BOX 191 MARCELLUS, NY 13108 | CIGNA GROUP INSURANCE | $1K | $0 | $1K | 6.02% |
| BURNHAM FINANCIAL SERVICES, LLC7 Filed as: BURNHAM FINANCIAL SERVICES | 2038 SARANAC AVE. LAKE PLACID, NE 12946 | CIGNA GROUP INSURANCE | $693 | $0 | $693 | 2.94% |
| JAMES P. REAGAN AGENCY, INC.7 | 8 E. MAIN STREET P.O. BOX 191 MARCELLUS, NY 13108 | CIGNA LIFE INSURANCE COMPANY OF NEW YORK | $2K | $0 | $2K | 9.23% |
| BURNHAM FINANCIAL SERVICES, LLC7 Filed as: BURNHAM FINANCIAL SERVICES | 2038 SARANAC AVE. LAKE PLACID, NY 12946 | CIGNA LIFE INSURANCE COMPANY OF NEW YORK | $855 | $0 | $855 | 3.65% |
| JAMES P. REAGAN AGENCY, INC.7 | 8 E. MAIN STREET P.O. BOX 191 MARCELLUS, NY 13108 | CIGNA LIFE INSURANCE COMPANY OF NEW YORK | $1K | $0 | $1K | 5.97% |
| BURNHAM FINANCIAL SERVICES, LLC7 Filed as: BURNHAM FINANCIAL SERVICES | 2038 SARANAC AVE. LAKE PLACID, NY 12946 | CIGNA LIFE INSURANCE COMPANY OF NEW YORK | $925 | $0 | $925 | 4.02% |
| VANGUARD II INC3 Filed as: VANGUARD RISK MANAGERS INC. | 8 E. MAIN STREET P.O. BOX 191 MARCELLUS, NY 13108 | GUARDIAN | $2K | $125 | $2K | 13.70% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC. | 2038 SARANAC AVENUE LAKE PLACID, NY 12946 | GUARDIAN | $1K | $0 | $1K | 6.69% |
| JAMES P. REAGAN AGENCY, INC.7 | 8 E. MAIN STREET P.O. BOX 191 MARCELLUS, NY 13108 | CIGNA GROUP INSURANCE | $575 | $0 | $575 | 8.41% |
| BURNHAM FINANCIAL SERVICES, LLC7 Filed as: BURNHAM FINANCIAL SERVICES | 2038 SARANAC AVE. LAKE PLACID, NY 12946 | CIGNA GROUP INSURANCE | $245 | $0 | $245 | 3.58% |
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 | 191 | 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) | 191 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 191 | $16K |
| Life insurance(2 contracts, 2 carriers) | CIGNA GROUP INSURANCE | 191 | $47K |
| Long-term disability | CIGNA LIFE INSURANCE COMPANY OF NEW YORK | 191 | $23K |
| Other | CIGNA GROUP INSURANCE | 191 | $7K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 191 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.