| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INNOVO BENEFITS GROUP3 Filed as: INNOVO BENEFITS GROUP, LLC | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $81K | — | $81K | 9.02% |
| JSBENEFITS GROUP INC3 | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $23K | — | $23K | 2.60% |
| INNOVO BENEFITS GROUP3 Filed as: INNOVO BENEFITS GROUP LLC | — | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $5K | — | $5K | 6.58% |
| INNOVO BENEFITS GROUP3 Filed as: INNOVO BENEFITS GROUP, LLC | — | GUARDIAN LIFE INSURANCE | $3K | — | $3K | 14.54% |
| DONALD C SAVOY INC3 | — | GUARDIAN LIFE INSURANCE | $1K | — | $1K | 5.79% |
| DONALD C SAVOY INC3 | — | VISION SERVICE PLAN | $552 | — | $552 | 2.76% |
| INNOVO BENEFITS GROUP Filed as: INNOVO BENEFITS GROUP LLC | — | VISION SERVICE PLAN | $446 | — | $446 | 2.23% |
| AP BENEFIT ADVISORS, LLC3 Filed as: JS BENEFIT GROUP INC. | — | VISION SERVICE PLAN | $219 | — | $219 | 1.10% |
| ERIC BROGAN Filed as: ERIC GULKO | — | VISION SERVICE PLAN | $77 | — | $77 | 0.39% |
| DONALD C SAVOY INC3 | — | HARTFORD LIFE AND ACCIDENT | $341 | $170 | $511 | 6.29% |
| INNOVO BENEFITS GROUP3 Filed as: INNOVO BENEFITS GROUP, LLC | — | HARTFORD LIFE AND ACCIDENT | $472 | — | $472 | 5.81% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE COM EIN 59-1031071 INSURANCE COMPANY | Other services; Float revenue; Direct payment from the plan; Contract Administrator; Participant communication; Named fiduciary; Claims processing; Non-monetary compensation Service code 12 | — | $35K |
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 | 346 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 346 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 342 | $900K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 342 | $900K |
| Vision | VISION SERVICE PLAN | 214 | $20K |
| Life insurance(2 contracts, 2 carriers) | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 343 | $83K |
| Short-term disability(2 contracts, 2 carriers) | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 343 | $95K |
| Long-term disability(2 contracts, 2 carriers) | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 343 | $95K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 343 | — |
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.