| 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. | — | $58K | $58K | 5.00% |
| THE A.I. GROUP INC3 Filed as: A I GROUP INC | 12725 MORRIS RD EXT SUITE 200 ALPHARETTA, GA 30004 | CIGNA HEALTH AND LIFE INSURANCE CO. | — | $1K | $1K | 0.09% |
| REGIONS INSURANCE INC3 | 6000 POPLAR AVE 3RD FLOOR MEMPHIS, TN 38119 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $8K | $331 | $8K | 14.52% |
| REGIONS INSURANCE INC3 | 6000 POPLAR AVE 3RD FLOOR MEMPHIS, TN 38119 | UNITED CONCORDIA INSURANCE COMPANY | $6K | $1K | $7K | 13.11% |
| REGIONS INSURANCE INC3 | 12725 MORRIS ROAD BUILDING 100 SUITE 200 ALPHARETTA, GA 30004 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $483 | $3K | 18.01% |
| REGIONS INSURANCE INC3 | 6000 POPLAR AVE 3RD FLOOR MEMPHIS, TN 38119 | COLONIAL LIFE & ACCIDENT INSURANCE | $2K | $45 | $2K | 13.87% |
| REGIONS INSURANCE INC3 | 12725 MORRIS ROAD BUILDING 100 SUITE 200 ALPHARETTA, GA 30004 | EYEMED VISION CARE | $0 | $1K | $1K | 9.89% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO. EIN 59-1031071 NONE | Other services; Float revenue; Participant communication; Claims processing; Named fiduciary; Non-monetary compensation; Contract Administrator; 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 | 115 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 115 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE CO. | 101 | $1.2M |
| Dental | UNITED CONCORDIA INSURANCE COMPANY | 55 | $54K |
| Vision | EYEMED VISION CARE | 167 | $12K |
| Life insurance(3 contracts, 3 carriers) | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | 115 | $83K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 115 | $16K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 167 | — |
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.