| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INNOVA INSURANCE3 | PO BOX 299 MERCEDITA, PR 00715 | CIGNA GROUP INSURANCE | $74K | — | $74K | 20.00% |
| INNOVA INSURANCE3 | PO BOX 299 MERCEDITA, PR 00715 | CIGNA GROUP INSURANCE | $64K | — | $64K | 20.00% |
| INNOVA INSURANCE3 | PO BOX 299 MERCEDITA, PR 00715 | CIGNA GROUP INSURANCE | $13K | — | $13K | 20.00% |
| OLYMPIC AGENCY INC3 | B5 TABONUCO ST SUITE 202 GUAYNABO, PR 00968 | CIGNA GROUP INSURANCE | $3K | — | $3K | 15.00% |
| INNOVA INSURANCE3 | PO BOX 299 MERCEDITA, PR 00715 | CIGNA GROUP INSURANCE | $2K | — | $2K | 19.94% |
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 | 3,329 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 416 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 3,745 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | CIGNA GROUP INSURANCE | 2,857 | $369K |
| Short-term disability(2 contracts) | CIGNA GROUP INSURANCE | 274 | $30K |
| Long-term disability | CIGNA GROUP INSURANCE | 2,857 | $319K |
| Other | CIGNA GROUP INSURANCE | 274 | $66K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,857 | — |
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.