| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| J J DOORHY BENEFITS GROUP3 Filed as: J.J. DOORHY BENEFITS GROUP | 1000 BURR RIDGE PKWY SUITE 203 BURR RIDGE, IL 60527 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | $151K | $151K | 6.19% |
| MILLENNIUM CORPORATE SOLUTIONS3 Filed as: MILLENNIUM BENEFITS INC | 799 ROOSEVELT RD BLDG 6, SUITE 107 GLEN ELLYN, IL 60137 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | $45K | $45K | 1.86% |
| FINANCIAL SERVICE MANAGERS, INC.3 Filed as: FINANCIAL SERVICE MANAGERS, IN | 101 BURR RIDGE PARKWAY SUITE 206 WILLOWBROOK, IL 60527 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $51K | $9K | $60K | 13.96% |
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 | 691 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 7 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 700 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 370 | $3.0M |
| Vision | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 691 | $430K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 691 | $430K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 691 | $430K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 101 | $524K |
| Other(2 contracts, 2 carriers) | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 691 | $954K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 691 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.