| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BB&T INSURANCE SERVICES, INC.3 Filed as: BB&T INSURANCE SERVICES INC. | P.O. BOX 17370 GREENSBORO, NC 27214 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $132K | $2K | $134K | 4.50% |
| FBP INSURANCE SERVICES | IRVINE IRVINE, CA 92602 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $20K | — | $20K | 0.67% |
| THE BENEFIT COMPANY INC Filed as: THE BENEFIT COMPANY INC. | P.O. BOX 29221 COLUMBIA, SC 29221 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $2K | — | $2K | 0.06% |
| BB&T INSURANCE SERVICES, INC. Filed as: BB&T INSURANCE SERVICES INC. | P.O. BOX 17370 RICHMOND, VA 23226 | CIGNA GROUP INSURANCE | $16K | $2K | $18K | 11.58% |
| THE BENEFIT COMPANY INC Filed as: THE BENEFIT COMPANY INC. | P.O. BOX 211486 COLUMBIA, SC 29221 | CIGNA GROUP INSURANCE | — | $6K | $6K | 4.00% |
| BB&T INSURANCE SERVICES, INC. Filed as: BB&T INSURANCE SERVICES INC. | P.O. BOX 17370 RICHMOND, VA 23226 | CIGNA GROUP INSURANCE | $10K | $1K | $11K | 10.95% |
| THE BENEFIT COMPANY INC Filed as: THE BENEFIT COMPANY INC. | P.O. BOX 211486 COLUMBIA, SC 29221 | CIGNA GROUP INSURANCE | — | $4K | $4K | 3.84% |
| BB&T INSURANCE SERVICES, INC. Filed as: BB&T INSURANCE SERVICES INC. | P.O. BOX 17370 RICHMOND, VA 23226 | CIGNA GROUP INSURANCE | $7K | $863 | $8K | 11.18% |
| THE BENEFIT COMPANY INC Filed as: THE BENEFIT COMPANY INC. | P.O. BOX 211486 COLUMBIA, SC 29221 | CIGNA GROUP INSURANCE | — | $3K | $3K | 4.00% |
| BB&T INSURANCE SERVICES, INC.3 Filed as: BB&T INSURANCE SERVICES INC. | P.O. BOX 17370 RICHMOND, VA 23226 | CIGNA GROUP INSURANCE | $427 | $68 | $495 | 11.59% |
| BB&T INSURANCE SERVICES, INC. Filed as: BB&T INSURANCE SERVICES INC. | P.O. BOX 17380 RICHMOND, VA 23226 | CIGNA GROUP INSURANCE | $26 | $9 | $35 | 13.31% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH & LIFE INSURANCE CO EIN 59-1031071 PROVIDES CLAIM & SERVICES | Direct payment from the plan; Float revenue; Contract Administrator; Non-monetary compensation; Claims processing; Named fiduciary; Participant communication; Other services Service code 12 | — | $7K |
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 | 231 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 231 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 688 | $3.0M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 688 | $3.0M |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 688 | $3.0M |
| Life insurance | CIGNA GROUP INSURANCE | 0 | $105K |
| Short-term disability | CIGNA GROUP INSURANCE | 0 | $73K |
| Long-term disability | CIGNA GROUP INSURANCE | 0 | $156K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 688 | $3.0M |
| Other(2 contracts) | CIGNA GROUP INSURANCE | 0 | $5K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 688 | — |
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.