| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SALVATORE J. COCIVERA3 | LAKE EXEC CENTER CAMPUS SUITE 100 7 EVES DRIVE MARLTON, NJ 08053 | UNION SECURITY INSURANCE COMPANY | $4K | — | $4K | 3.42% |
| CBDI, INC.3 | 9 EVES DR SUITE 150 MARLTON, NJ 080533138 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $4K | $7K | 9.98% |
| CBDI, INC.3 Filed as: CBDI INC | 9 EVES DR SUITE 150 MARLTON, NJ 08053 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 4.90% |
| SALVATORE J. COCIVERA3 | LAKE EXEC CENTER CAMPUS, SUITE 100 7 EVES DRIVE MARLTON, NJ 08053 | UNION SECURITY INSURANCE COMPANY | $2K | — | $2K | 6.86% |
| SALVATORE J. COCIVERA3 | LAKE EXEC CENTER CAMPUS 7 EVES DRIVE, SUITE 100 MARLTON, NJ 08053 | UNION SECURITY INSURANCE COMPANY | $5K | — | $5K | 25.00% |
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 | 177 | 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) | 177 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO. | 150 | $2.6M |
| Dental(2 contracts) | UNION SECURITY INSURANCE COMPANY | 236 | $143K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 144 | $16K |
| Life insurance(3 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 183 | $158K |
| Long-term disability | AETNA LIFE INSURANCE CO. | 167 | $50K |
| Other(3 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 183 | $158K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 236 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.