| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PARADIGM PB LLC3 Filed as: PARADIGM CONSULTING INC | PO BOX 998 LAFAYETTE, IN 47901 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $13K | — | $13K | 13.68% |
| PARADIGM PB LLC3 Filed as: PARADIGM CONSULTING, INC. | 300 MAIN ST STE 401 LAFAYETTE, IN 47901 | VISION SERVICE PLAN | $811 | — | $811 | 6.40% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALLIED BENEFIT SYSTEMS, LLC EIN 35-3086057 TPA | Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator Service code 13 | 200 WEST ADAMS ST SUITE 500 CHICAGO, IL 60606 | $53K |
| PARADIGM CONSULTING INC. EIN 20-4401255 BROKER | Consulting (general); Insurance agents and brokers Service code 16 | 301 N 5TH STREET LAFAYETTE, IN 47901 | $49K |
| CIGNA EIN 59-1031071 PPO | Insurance services; Claims processing Service code 12 | 900 COTTAGE GROVE RD BLOOMFIELD, CT 06002 | $19K |
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 | 151 | 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) | 151 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 91 | $13K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 169 | $94K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 169 | $94K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 169 | $94K |
| Stop-loss / reinsurancereinsurance | COMPANION LIFE INSURANCE CO | 103 | $201K |
| Other | RELIANCE STANDARD LIFE INSURANCE COMPANY | 169 | $94K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 169 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.