| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BULLOCK & ASSOCIATES3 Filed as: BULLOCK & ASSOCIATES INC | 1801 S. MEYERS RD, SUITE 100 OAK BROOK TERRACE, IL 60181 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $56K | — | $56K | 6.46% |
| BULLOCK & ASSOCIATES3 | 1801 S. MYERS ROAD SUITE 100 OAK BROOK TERRACE, IL 60181 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY | $10K | — | $10K | 10.28% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 | Claims processing; Non-monetary compensation; Contract Administrator; Direct payment from the plan; Float revenue; Recordkeeping and information management (computing, tabulating, data processing, etc.); Participant communication; Other services Service code 12 | 900 COTTAGE GROVE RD BLOOMFIELD, CT 06002 | $77K |
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 | 212 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 11 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 223 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 223 | $862K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 223 | $862K |
| Life insurance | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY | 223 | $96K |
| Short-term disability | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY | 223 | $96K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 223 | $862K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 223 | — |
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."
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.