| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUDLER INSURANCE SERVICES INC3 Filed as: SUDLER INSURANCE SERVICES, INC | 5850 CORAL RIDGE DR CORAL SPRINGS, FL 33321 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $68 | $0 | $68 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CONNECTICUT GENERAL LIFE INSURANCE EIN 06-0303370 NONE | Other fees; Other services; Float revenue; Contract Administrator; Direct payment from the plan; Participant communication; Claims processing; Non-monetary compensation Service code 12 | — | $1.1M |
| NEBA, INC EIN 65-0498809 NONE | Contract Administrator; Direct payment from the plan Service code 13 | — | $410K |
| PHILLIPS, RICHARD, AND RIND PA EIN 65-0765728 NONE | Legal; Direct payment from the plan Service code 29 | 9360 SW 72 STREET SUITE 283 MIAMI, FL 33173 | $32K |
| DENNIS G. JENKINS, CPA, LLC EIN 20-5886120 NONE | Accounting (including auditing) Service code 10 | 1690 STONE VILLAGE LANE STE 501 KENNESAW, GA 30152 | $15K |
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 | 2,051 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 2,051 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 1,901 | $1.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,901 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.