| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INSURANCE OFFICE OF RAYMOND N STRIC3 | 741 NE 3RD ST OCALA, FL 34470 | CIGNA HEALTH & LIFE INSURANCE | $65K | — | $65K | 22.13% |
| CIGNA5 Filed as: CIGNA HEALTH & LIFE INSURANCE | 900 COTTAGE GROVE ROAD BLOOMFIELD, CT 06002 | CIGNA HEALTH & LIFE INSURANCE | — | $34K | $34K | 11.81% |
| INSURANCE OFFICE OF RAYMOND N STRIC3 | 741 NE 3RD ST OCALA, FL 34470 | PRINCIPAL LIFE INS CO | $9K | $3K | $12K | 14.28% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP INSURANCE SERVICES | 1250 S CAPITAL OF TEXAS HWY W LAKE, TX 78746 | PRINCIPAL LIFE INS CO | — | $1K | $1K | 1.41% |
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 | 168 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 168 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH & LIFE INSURANCE | 168 | $292K |
| Dental | PRINCIPAL LIFE INS CO | 202 | $83K |
| Vision | PRINCIPAL LIFE INS CO | 202 | $83K |
| Life insurance | PRINCIPAL LIFE INS CO | 202 | $83K |
| Prescription drug | CIGNA HEALTH & LIFE INSURANCE | 168 | $292K |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH & LIFE INSURANCE | 168 | $292K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 202 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.