| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BOWERMASTER & ASSOCIATES INSURANCE3 Filed as: BOWERMASTER & ASSOCIATES INS AGENCY | PO BOC 6026 CYPRESS, CA 906300013 | UNITEDHEALTHCARE INSURANCE COMPANY | $53K | — | $53K | 6.92% |
| WALLACE WELCH & WILLINGHAM INC3 | 300 1ST AVE S ST PETERSBURG, FL 337014209 | UNITEDHEALTHCARE INSURANCE COMPANY | $15K | — | $15K | 2.01% |
| WALLACE WELCH & WILLINGHAM INC3 | 300 1ST AVE S FL 5 SAINT PETERSBURG, FL 337014200 | PRINCIPAL LIFE INSURANCE COMPANY | $17K | — | $17K | 10.32% |
| WALLACE WELCH & WILLINGHAM INC3 | 300 1ST AVE S STE 500 PO BOX 33020 ST PETERSBURG, FL 33733 | CIGNA | $10K | — | $10K | 15.00% |
| SELECT NETWORKS5 | 317 6TH AVE DES MOINES, IA 50309 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3K | — | $3K | 5.00% |
| WALLACE WELCH & WILLINGHAM INC3 | 300 1ST AVE S STE 500 PO BOX 33020 ST PETERSBURG, FL 33733 | CIGNA | $7K | — | $7K | 15.00% |
| WALLACE WELCH & WILLINGHAM INC3 | 300 1ST AVE S STE 500 PO BOX 33020 ST PETERSBURG, FL 33733 | CIGNA | $7K | — | $7K | 15.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE EIN 59-1031071 CLAIMS PROCESSING | Claims processing; Float revenue; Other services; Participant communication; Direct payment from the plan; Non-monetary compensation; Contract Administrator; Named fiduciary Service code 12 | — | $601K |
| UNITED HEALTHCARE SERVICES, INC. EIN 41-1289245 CLAIMS PROCESSOR | Claims processing; Other services Service code 12 | — | $124K |
| BOWERMASTER & ASSOC EIN 41-2048776 BROKER | Other commissions Service code 55 | — | $10K |
| WALLACE WELCH & WILLINGHAM INC EIN 59-1203168 BROKER | Other commissions Service code 55 | — | $3K |
| CIGNA | Non-monetary compensation; Direct payment from the plan; Contract Administrator; Other services; Participant communication; Named fiduciary; Claims processing; Float revenue Service code 12 | — | $0 |
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 | 868 | 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) | 868 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES(CIGNA) | 1,230 | $1.1M |
| Vision(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 959 | $222K |
| Life insurance(3 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 674 | $308K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 358 | $78K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 333 | $126K |
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES(CIGNA) | 1,230 | $1.7M |
| Other(6 contracts, 3 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES(CIGNA) | 1,230 | $1.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,230 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.