| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT VENTURES CORP3 | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $97K | $97K | 4.02% |
| BENEFIT VENTURES CORP3 | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | CIGNA HEALTH AND LIFE INSURANCE COMAPNY AND AFFILIATES | $12K | — | $12K | 6.90% |
| BENEFIT VENTURES CORP3 | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | FIRST UNUM LIFE INSURANCE COMPANY | $5K | — | $5K | 13.10% |
| BENEFIT VENTURES CORP3 | 1460 US HIGHWAY 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | VISION SERVICE PLAN | $5K | — | $5K | 14.51% |
| BENEFIT VENTURES CORP3 | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | FIRST UNUM LIFE INSURANCE COMPANY | $3K | — | $3K | 16.05% |
| BENEFIT VENTURES CORP3 | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | PROVIDENT LIFE AND CASUALTY INSURANCE COMPANY | $371 | — | $371 | 10.00% |
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 | 238 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 7 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 245 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 298 | $2.4M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMAPNY AND AFFILIATES | 286 | $170K |
| Vision | VISION SERVICE PLAN | 263 | $37K |
| Life insurance(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 163 | $60K |
| Short-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 163 | $41K |
| Long-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 163 | $41K |
| Other(3 contracts, 2 carriers) | FIRST UNUM LIFE INSURANCE COMPANY | 163 | $64K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 298 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.