| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC3 | PO BOX 62689 VIRGINIA BEACH, VA 23466 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $0 | $82K | $82K | 3.84% |
| USI INSURANCE SERVICES LLC3 | PO BOX 61187 VIRGINIA BEACH, VA 23466 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $7K | $0 | $7K | 0.34% |
| MARK EDWARD PARTNERS LLC3 Filed as: MARK FELICIANO | 1040 AUDACE AVENUE, SUITE 413 BOYNTON BEACH, FL 33426 | BANKERS LIFE | $11K | $0 | $11K | 7.38% |
| IAN WALDRON3 | 133 STARTLING AVENUE ROYAL PALM BEACH, FL 33411 | BANKERS LIFE | $5K | $0 | $5K | 3.74% |
| ANDY ELAN3 | 5170 MADISON ROAD DELRAY BEACH, FL 33484 | BANKERS LIFE | $1K | $0 | $1K | 0.88% |
| MJ INSURANCE3 Filed as: JAMEL R. NEWMAN AND VARIOUS AGENTS | 4240 UNITED STREET GREENSBORO, NC 27407 | BANKERS LIFE | $416 | $0 | $416 | 0.29% |
| JARRETT L. CONNICK3 | 5311 ALBANY CIRCLE TOBACCOVILLE, NC 27050 | BANKERS LIFE | $180 | $0 | $180 | 0.13% |
| MATTHEW FELICIANO3 | 22054 BOCA PLACE DRIVE, SUITE 1022 BOCA RATON, FL 33433 | BANKERS LIFE | $174 | $0 | $174 | 0.12% |
| JAMES EDWIN KIMBERLY3 | 7988 ROCKFORD ROAD BOYNTON BEACH, FL 33472 | BANKERS LIFE | $166 | $0 | $166 | 0.12% |
| USI INSURANCE SERVICES LLC3 | 4456 CORPORATION LANE, SUITE 350 VIRGINIA BEACH, VA 23462 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $21K | $0 | $21K | 15.00% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62889 VIRGINIA BEACH, VA 23466 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $1K | $1K | 0.84% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62689 VIRGINIA BEACH, VA 23466 | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. | $2K | $0 | $2K | 10.21% |
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 | 156 | 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) | 156 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 156 | $2.1M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 156 | $2.1M |
| Vision | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. | 308 | $17K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 156 | $137K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 156 | $137K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 156 | $137K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 156 | $2.1M |
| Other(2 contracts, 2 carriers) | BANKERS LIFE | 167 | $280K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 308 | — |
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.