| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FORTUN INSURANCE INC3 | 365 PALERMO AVE CORAL GABLES, FL 331346607 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $2K | — | $2K | 7.80% |
| REUBEN WARNER ASSOCIATES, INC.3 Filed as: WRNER PACIFIC INSURANCE SERVICES | 32110 AGOURA RD WESTLAKE VILLAGE, CA 91361 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $540 | — | $540 | 1.76% |
| AMG BRICKELL INC3 | 1111 PARK CENTRE BLVD STE 401 MIAMI GARDENS, FL 33169 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $59 | — | $59 | 0.19% |
| FORTUNE INSURANCE AGENCY3 | 365 PALERMO AVE CORAL GABLES, FL 331346607 | HUMANA INSURANCE COMPANY | $505 | — | $505 | 11.80% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CLAIM CHOICE EIN 83-0639435 PLAN ADMINISTRATOR | Plan Administrator Service code 14 | 26622 WOODWARD AVE STE 100 ROYAL OAK, MI 48067 | $78K |
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 | 86 | 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) | 86 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 70 | $31K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 70 | $31K |
| Life insurance | HUMANA INSURANCE COMPANY | 86 | $4K |
| Other | HUMANA INSURANCE COMPANY | 86 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 86 | — |
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.
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.