| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CHERRY HILL BENEFITS, INC.3 Filed as: CHERRY HILL BENEFITS INC | 1415 ROUTE 70 EAST, SUITE 403 CHERRY HILL, NJ 08034 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $19K | $11K | $30K | 0.76% |
| NICHOLAS R. TAFARO3 | 1414 ROUTE 70 EAST, SUITE 403 CHERRY HILL, NJ 08034 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $34K | $0 | $34K | 8.65% |
| CHERRY HILL BENEFITS, INC.3 Filed as: CHERRY HILL BENEFITS INC | 1415 ROUTE 70 EAST, SUITE 403 CHERRY HILL, NJ 08034 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $3K | $0 | $3K | 10.00% |
| CHERRY HILL BENEFITS, INC.3 Filed as: CHERRY HILL BENEFITS INC | 1415 ROUTE 70 EAST, SUITE 403 CHERRY HILL, NJ 08034 | HARTFORD LIFE AND ACCIDENT | $2K | $61 | $2K | 21.19% |
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 | 408 | 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) | 408 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 416 | $3.9M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 416 | $3.9M |
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 292 | $26K |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 408 | $389K |
| Short-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 408 | $389K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 408 | $389K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 416 | $3.9M |
| Other(2 contracts, 2 carriers) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 408 | $397K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 416 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.