| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| REGIONS INSURANCE INC3 | 6000 POPLAR AVE 3RD FLOOR MEMPHIS, TN 38119 | CIGNA HEALTH AND LIFE INSURANCE CO. | $0 | $54K | $54K | 5.00% |
| REGIONS INSURANCE INC3 | 6000 POPLAR AVE 3RD FLOOR MEMPHIS, TN 38119 | CIGNA HEALTH AND LIFE INSURANCE CO. | $0 | $6K | $6K | 0.57% |
| REGIONS INSURANCE INC3 | 6000 POPLAR AVE 3RD FLOOR MEMPHIS, TN 38119 | UNITED CONCORDIA INSURANCE COMPANY | $6K | $0 | $6K | 10.00% |
| REGIONS INSURANCE INC3 | 6000 POPLAR AVE 3RD FLOOR MEMPHIS, TN 38119 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $7K | $243 | $7K | 13.62% |
| REGIONS INSURANCE INC3 | 12725 MORRIS ROAD BUILDING 100 SUITE 200 ALPHARETTA, GA 30004 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $0 | $2K | 15.00% |
| REGIONS INSURANCE INC3 | 6000 POPLAR AVE 3RD FLOOR MEMPHIS, TN 38119 | COLONIAL LIFE & ACCIDENT INSURANCE | $1K | $16 | $1K | 8.94% |
| REGIONS INSURANCE INC3 | 12725 MORRIS ROAD BUILDING 100 SUITE 200 ALPHARETTA, GA 30004 | EYEMED VISION CARE | $0 | $967 | $967 | 9.15% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO. EIN 59-1031071 NONE | Float revenue; Claims processing; Contract Administrator; Other services; Non-monetary compensation; Participant communication; Named fiduciary; Direct payment from the plan Service code 12 | — | $6K |
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 | 113 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 113 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE CO. | 102 | $1.1M |
| Vision | EYEMED VISION CARE | 0 | $11K |
| Life insurance(4 contracts, 4 carriers) | UNITED CONCORDIA INSURANCE COMPANY | 113 | $138K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 113 | $16K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 113 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.