| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HENRY DUNN INC3 Filed as: HENRY O BACKER INC | 7 SOUTH WARREN STREET DOVER, NJ 07801 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $60K | $60K | 4.96% |
| HENRY DUNN INC3 Filed as: HENRY O BACKER INC | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $503 | $503 | 0.04% |
| HENRY O BAKER INC3 | 7 SOUTH WARREN STREET DOVER, NJ 07801 | AETNA LIFE INSURANCE COMPANY | $1K | — | $1K | 10.47% |
| HENRY O BAKER INC3 | 7 SOUTH WARREN STREET SUITE 1 DOVER, NJ 07801 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $524 | — | $524 | 10.01% |
| HENRY O BAKER INC3 | 7 SOUTH WARREN STREET SUITE 1 DOVER, NJ 07801 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $424 | — | $424 | 10.00% |
| HENRY O BAKER INC3 | 7 SOUTH WARREN STREET SUITE 1 DOVER, NJ 07801 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $72 | — | $72 | 9.97% |
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 | 133 | 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) | 133 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 116 | $1.2M |
| Vision | AETNA LIFE INSURANCE COMPANY | 116 | $12K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 133 | $4K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 130 | $5K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 133 | $722 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 133 | — |
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.