| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SELLERS BENEFITS GROUP INC3 Filed as: SELLERS BENEFITS GROUP, INC | 300 AVENUE OF THE CHAMPIONS STE 240 PALM BEACH GARDENS, FL 33418 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $7K | — | $7K | 9.87% |
| SELLERS BENEFITS GROUP INC3 | 300 AVENUE OF CHAMPIONS SUITE 240 PALM BEACH GARDENS, FL 33418 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 10.00% |
| SELLERS BENEFITS GROUP INC3 | 300 AVENUE OF CHAMPIONS SUITE 240 PALM BEACH GARDENS, FL 334183618 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $370 | — | $370 | 10.00% |
| SELLERS BENEFITS GROUP INC3 | 300 AVE OF THE CHAMPIONS, STE 240 PALM BEACH GARDENS, FL 33418 | CIGNA DENTAL HEALTH OF FLORIDA, INC. | $175 | — | $175 | 10.01% |
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 | 165 | 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) | 165 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 118 | $71K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 118 | $69K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 165 | $33K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 165 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 165 | — |
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.