| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PALMER AND CAY LLC | UNKNOWN ATLANTA, GA 30328 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $158K | $0 | $158K | 12.24% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PALMER AND CAY LLC | 3050 PEACHTRREE ROAD NW SUITE 475 ATLANTA, GA 30305 | SUN LIFE ASSURANCE COMPANY OF CANADA | $27K | $0 | $27K | 11.57% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PALMER AND CAY LLC | 3050 PEACHTRREE ROAD NW ATLANTA, GA 30305 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $17K | $3K | $21K | 16.41% |
| FALLON BENEFITS GROUP INC.3 Filed as: FALLON BENEFITS GROUP INC | 3060 PEACHTRREE ROAD NW SUITE 1650 ATLANTA, GA 30305 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $0 | $2K | $2K | 1.77% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PALMER AND CAY LLC | UNKNOWN ATLANTA, GA 30328 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | $0 | $1K | 0.81% |
| WATCH TOWER TECHNOLOGIES INC3 | 306 WEST ERIE STREET, FLOOR 3 CHICAGO, IL 60654 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $0 | $131 | $131 | 0.10% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PALMER AND CAY LLC | UNKNOWN ATLANTA, GA 30328 | 1.800MD, LLC | $5K | $0 | $5K | 45.67% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PALMER AND CAY LLC | UNKNOWN ATLANTA, GA 30328 | DELAWARE AMERICAN LIFE INSURANCE OF AMERICA | $738 | $0 | $738 | 9.74% |
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 | 270 | 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) | 270 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 306 | $1.3M |
| Dental(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 306 | $1.5M |
| Vision | SUN LIFE ASSURANCE COMPANY OF CANADA | 202 | $230K |
| Life insurance(2 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 270 | $134K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 306 | $1.3M |
| Other(5 contracts, 5 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 306 | $1.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 306 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.