| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PARADIGM GROUP3 | 1600 DIVISION STREET, SUITE 220 NASHVILLE, TN 37203 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | $54K | $54K | 2.52% |
| PARADIGM GROUP3 | 1600 DIVISION STREET, SUITE 220 NASHVILLE, TN 37203 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $0 | $2K | $2K | 4.40% |
| PARADIGM GROUP3 | 1600 DIVISION STREET, SUITE 220 NASHVILLE, TN 37203 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $1K | $1K | 4.20% |
| N/A | — | UNIVERSITY HEALTH ALLIANCE | $0 | $0 | $0 | 0.00% |
| N Filed as: N/ | — | UNIVERSITY HEALTH ALLIANCE | — | — | $0 | 0.00% |
| PARADIGM GROUP3 | 1600 DIVISION STREET, SUITE 220 NASHVILLE, TN 37203 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $240 | $240 | 4.21% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH & LIFE INSURANCE COMPA | Named fiduciary; Participant communication; Contract Administrator; Claims processing; Float revenue; Non-monetary compensation; Other services; Direct payment from the plan Service code 12 | — | $0 |
| CIGNA HEALTH AND LIFE INSURANCE COM | Direct payment from the plan; Non-monetary compensation; Contract Administrator; Other services; Float revenue; Named fiduciary; Claims processing; Participant communication 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 | 221 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 222 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 221 | $2.2M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 221 | $2.2M |
| Vision(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 221 | $2.2M |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 261 | $56K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 261 | $33K |
| Prescription drug(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 221 | $2.2M |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 261 | $6K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 261 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.