| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DANIELS INSURANCE3 Filed as: DANIELS INSURANCE INC | 805 ST MICHAELS DR SANTA FE, NM 87505 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $53K | $28K | $81K | 15.61% |
| DANIELS INSURANCE | 805 ST MICHAELS DR SANTA FE, NM 87505 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS-LIFE INS CO OF N AMERICA | $2K | — | $2K | 9.88% |
| DANIELS INSURANCE AGENCY | 805 ST MICHAELS DR SANTA FE, NM 87505 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS-LIFE INS CO OF N AMERICA | $2K | — | $2K | 9.87% |
| DANIELS INSURANCE | 805 SAINT MICHAELS DR SANTA FE, NM 87505 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS-LIFE INS CO OF N AMERICA | $2K | — | $2K | 9.89% |
| DANIELS INSURANCE AGENCY | 805 ST MICHAELS DR SANTA FE, NM 87505 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS-LIFE INS CO OF N AMERICA | $219 | — | $219 | 9.91% |
| DANIELS INSURANCE AGENCY3 | 805 ST MICHAELS DR SANTA FE, NM 87505 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $6K | $12K | $18K | 1085.59% |
| DANIELS INSURANCE AGENCY3 | 300 N LINAM HOBBS, NM 88240 | TRUSTMARK INSURANCE COMPANY | $76 | — | $76 | 4.63% |
| DANIELS INSURANCE3 Filed as: DANIELS INSURANCE INC | 805 ST MICHAELS DR SANTA FE, NM 87505 | CIGNA HEALTH & LIFE INSURANCE COMPANY(8) | $1K | $2K | $3K | 22692.86% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 INS CARRIER, ADVISOR | Claims processing Service code 12 | C/O DANIELS INSURANCE AGENCY 805 ST MICHAELS DRIVE SANTA FE, NM 87505 | $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 | 166 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 166 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 110 | $521K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 137 | $2K |
| Vision | CIGNA HEALTH & LIFE INSURANCE COMPANY(8) | 105 | $14 |
| Life insurance | NEW YORK LIFE GROUP BENEFIT SOLUTIONS-LIFE INS CO OF N AMERICA | 17 | $17K |
| Short-term disability | NEW YORK LIFE GROUP BENEFIT SOLUTIONS-LIFE INS CO OF N AMERICA | 154 | $25K |
| Long-term disability | NEW YORK LIFE GROUP BENEFIT SOLUTIONS-LIFE INS CO OF N AMERICA | 154 | $24K |
| Other(3 contracts, 3 carriers) | NEW YORK LIFE GROUP BENEFIT SOLUTIONS-LIFE INS CO OF N AMERICA | 166 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 166 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.