| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SMITH BROTHERS INSURANCE LLC3 Filed as: C M SMITH AGENCY INC. | 100 PEARL STREET 3RD FL HARTFORD, CT 06103 | HARTFORD LIFE AND ACCIDENT | $64K | — | $64K | 10.36% |
| C M SMIH AGENCY INC.3 | 100 PEARL ST FL 3 HARTFORD, CT 06103 | VISION SERVICE PLAN | $3K | — | $3K | 2.68% |
| CM SMITH AGENCY INC3 Filed as: CM SMITH AGENCY LLC | 100 PEARL STREET 3RD FL WEST TOWER HARTFORD, CT 06103 | ARMADA CARE | $1K | — | $1K | 1.26% |
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 | 1,239 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 70 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,309 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | ARMADA CARE | 8 | $95K |
| Vision | VISION SERVICE PLAN | 869 | $117K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 1,239 | $617K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 1,239 | $617K |
| Other | HARTFORD LIFE AND ACCIDENT | 1,239 | $617K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,239 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.