| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RAFFA & ASSOC FINANCIAL SVCS, INC. Filed as: RAFFA FINANCIAL SERVICES, INC. | 1445 RESEARCH BLVD, SUITE 340 ROCKVILLE, MD 20850 | BENISTAR GROUP RETIRE HEALTH SOLUTIONS | $9K | $0 | $9K | 3.74% |
| RAFFA & ASSOC FINANCIAL SVCS, INC.3 Filed as: RAFFA FINANCIAL SERVICES, INC. | 1445 RESEARCH BLVD, SUITE 340 ROCKVILLE, MD 20850 | DELTA DENTAL INSURANCE COMPANY | — | — | $0 | 0.00% |
| RAFFA & ASSOC FINANCIAL SVCS, INC. Filed as: RAFFA FINANCIAL SERVICES, INC. | 1445 RESEARCH BLVD, SUITE 340 ROCKVILLE, MD 20850 | GUARDIAN | $0 | $7K | $7K | 6.29% |
| RAFFA & ASSOC FINANCIAL SVCS, INC. Filed as: RAFFA FINANCIAL SERVICES, INC. | 1445 RESEARCH BLVD, SUITE 340 ROCKVILLE, MD 20850 | NATIONAL VISION ADMINISTRATION, L.L.C. | $1K | $0 | $1K | 9.09% |
| RAFFA & ASSOC FINANCIAL SVCS, INC. Filed as: RAFFA FINANCIAL SERVICES, INC. | 1445 RESEARCH BLVD, SUITE 340 ROCKVILLE, MD 20850 | HARTFORD LIFE AND ACCIDENT | $128 | — | $128 | 14.95% |
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 | 275 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 275 | 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 | 118 | $1.8M |
| Dental | DELTA DENTAL INSURANCE COMPANY | 275 | $148K |
| Vision | NATIONAL VISION ADMINISTRATION, L.L.C. | 212 | $11K |
| Life insurance(2 contracts, 2 carriers) | GUARDIAN | 267 | $118K |
| Short-term disability(2 contracts, 2 carriers) | GUARDIAN | 267 | $118K |
| Long-term disability | GUARDIAN | 146 | $117K |
| Other | GUARDIAN | 146 | $117K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 275 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.