| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CORPORATE BENEFITS ALLIANCE3 | 37 WEST AVENUE SUITE 350 WAYNE, PA 190873226 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $66K | — | $66K | 7.64% |
| CORPORATE BENEFITS ALLIANCE3 | 37 WEST AVE SUITE 350 WAYNE, PA 19087 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $77 | — | $77 | 0.30% |
| CORPORATE BENEFITS ALLIANCE Filed as: CORPORATE BENEFITS ALLIANCE, INC | 37 WEST AVE SUITE 350 WAYNE, PA 19087 | VISION SERVICE PLAN | $1K | — | $1K | 5.50% |
| CORPORATE BENEFITS ALLIANCE3 Filed as: CORPORATE BENEFITS ALLIANCE, INC | 37 WEST AVE SUITE 350 WAYNE, PA 19087 | SUN LIFE ASSURANCE COMPANY OF CANADA | $1K | — | $1K | 12.10% |
| CORPORATE BENEFITS ALLIANCE3 | 37 WEST AVE SUITE 350 WAYNE, PA 19087 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | — | $1K | 84.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 NONE | Claims processing; Non-monetary compensation; Direct payment from the plan; Float revenue; Participant communication; Other services; Contract Administrator; Named fiduciary Service code 12 | 115 FIFTH AVENUE NEW YORK, NY 10003 | $43K |
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 | 219 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 219 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 219 | $868K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 219 | $868K |
| Vision | VISION SERVICE PLAN | 162 | $20K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 38 | $11K |
| Other(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 0 | $28K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 219 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.