| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INDEPENDENCE PLANNING GROUP3 Filed as: INDEPENDENCE UNDERWRITING PARTNERS | 101 EAST LANCASTER AVENUE SUITE 301 WAYNE, PA 19087 | HCC LIFE INSURANCE COMPANY | $46K | $11K | $56K | 18.49% |
| THE ELITE GROUP LLC3 | 5 GREAT VALLEY PARKWAY SUITE 355 MALVERN, PA 19355 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $23K | — | $23K | 9.87% |
| THE ELITE GROUP LLC3 | 5 GREAT VALLEY PARKWAY SUITE 335 MALVERN, PW 19355 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $29K | — | $29K | 15.00% |
| THE ELITE GROUP LLC3 Filed as: THE ELITE GROUP, LLC | 5 GREAT VALLEY PARKWAY SUITE 335 MALVERN, PA 19355 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 15.02% |
| THE ELITE GROUP LLC3 Filed as: THE ELITE GROUP, LLC | 5 GREAT VALLEY PARKWAY SUITE 355 MALVERN, PA 19335 | UNION SECURITY INSURANCE COMPANY | $4K | — | $4K | 21.30% |
| THE ELITE GROUP LLC3 | 5 GREAT VALLEY PARKWAY SUITE 335 MALVERN, PA 19355 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | — | $3K | 15.03% |
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 | 476 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 481 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 366 | $237K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 469 | $61K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 225 | $192K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 225 | $192K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 382 | $303K |
| Other(3 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 469 | $81K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 469 | — |
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.
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.