| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IFS BENEFITS LLC3 Filed as: IFS BENEFITS | 220 CONTINENTAL DRIVE SUITE 209 NEWARK, DE 19713 | CIGNA | — | $21K | $21K | 3.09% |
| AP BENEFIT ADVISORS, LLC3 | 220 CONTINENTAL DRIVE SUITE 209 NEWARK, DE 19713 | CIGNA | — | $18K | $18K | 2.60% |
| IFS BENEFITS LLC3 | 220 CONTINENTAL DR STE 209 NEWARK, DE 19713 | AMERITAS LIFE INSURANCE CORP. | $3K | $568 | $4K | 4.37% |
| IFS BENEFITS LLC3 | 220 CONTINENTAL DR SUITE 209 NEWARK, DE 197134312 | STANDARD INSURANCE COMPANY | $924 | $2K | $3K | 5.08% |
| AP BENEFIT ADVISORS, LLC3 | 7075 SAUMUEL MORSE DR STE 120 COLUMBIA, MD 21046 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 4.15% |
| AP BENEFIT ADVISORS, LLC3 | 7075 SAUMUEL MORSE DR STE 120 COLUMBIA, MD 21046 | STANDARD INSURANCE COMPANY | $3K | — | $3K | 10.56% |
| IFS BENEFITS LLC3 | 220 CONTINENTAL DR SUITE 209 NEWARK, DE 19713 | STANDARD INSURANCE COMPANY | $614 | $702 | $1K | 5.35% |
| AP BENEFIT ADVISORS, LLC3 | 7075 SAUMUEL MORSE DR STE 120 COLUMBIA, MD 21046 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 6.04% |
| IFS BENEFITS LLC3 | 220 CONTINENTAL DR SUITE 209 NEWARK, DE 19713 | STANDARD INSURANCE COMPANY | $491 | $829 | $1K | 5.65% |
| IFS BENEFITS LLC3 | 220 CONTINENTAL DRIVE SUITE 209 NEWARK, DE 19713 | STANDARD INSURANCE COMPANY | $737 | $809 | $2K | 17.29% |
| AP BENEFIT ADVISORS, LLC3 | 7075 SAUMUEL MORSE DR STE 120 COLUMBIA, MD 21046 | STANDARD INSURANCE COMPANY | $728 | — | $728 | 8.14% |
| AP BENEFIT ADVISORS, LLC3 | 220 CONTINENTAL DRIVE STE 209 NEWARK, DE 19713 | EYEMED VISION CARE | $585 | — | $585 | 7.50% |
| IFS BENEFITS LLC3 Filed as: IFS BENEFITS | 220 CONTINENTAL DRIVE STE 209 NEWARK, DE 19713 | EYEMED VISION CARE | $193 | — | $193 | 2.47% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE EIN 59-1031071 CLAIMS PROCESSING | Contract Administrator; Claims processing Service code 12 | — | $42K |
| EMPLOYEE BENEFITS CORPORATION EIN 39-2044064 CLAIMS PROCESSING | Claims processing; Contract Administrator Service code 12 | — | $2K |
| AP BENEFIT ADVISORS, LLC BROKER | Insurance agents and brokers Service code 22 | 220 CONTINENTAL DRIVE STE 209 NEWARK, DE 19713 | $45 |
| BENEFIT NETWORK BROKER | Insurance agents and brokers Service code 22 | 6830 COCHRAN RD SOLON, OH 44139 | $39 |
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 | 116 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 8 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 124 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA | 120 | $678K |
| Dental | AMERITAS LIFE INSURANCE CORP. | 270 | $81K |
| Vision(2 contracts, 2 carriers) | AMERITAS LIFE INSURANCE CORP. | 270 | $88K |
| Life insurance | STANDARD INSURANCE COMPANY | 121 | $50K |
| Short-term disability | STANDARD INSURANCE COMPANY | 120 | $23K |
| Long-term disability | STANDARD INSURANCE COMPANY | 120 | $25K |
| Other | STANDARD INSURANCE COMPANY | 23 | $9K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 270 | — |
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.