| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $57K | $0 | $57K | 3.56% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $133K | $0 | $133K | 23.04% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1125 SANCTUARY PKWY SUITE 300 ALPHARETTA, GA 30009 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $12K | $0 | $12K | 2.00% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $53K | $0 | $53K | 17.00% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1125 SANCTUARY PKWY SUITE 300 ALPHARETTA, GA 30009 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $6K | $0 | $6K | 2.00% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | VISION SERVICE PLAN | $6K | $0 | $6K | 5.66% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $2K | $0 | $2K | 13.19% |
| PSA FINANCIAL, INC.3 Filed as: PSA FINANCIAL | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 21031 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $232 | $0 | $232 | 5.52% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $587 | $0 | $587 | 14.88% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA EIN 59-1031071 CLAIMS PROCESSOR | Float revenue; Claims processing; Participant communication; Other services; Named fiduciary; Non-monetary compensation; Direct payment from the plan; Contract Administrator Service code 12 | — | $1.1M |
| PNC BANK NA EIN 22-1146430 INVESTMENT MANAGER | Investment management fees paid directly by plan Service code 51 | — | $107K |
| CIGNA DENTAL EIN 59-1031071 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $89K |
| COHNREZNICK LLP EIN 22-1478099 ACCOUNTANT | Accounting (including auditing) Service code 10 | — | $45K |
| VSP EIN 23-7089668 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $33K |
| BOLTON PARTNERS INC EIN 52-1231144 ACTUARY | Actuarial Service code 11 | — | $30K |
| WEX, INC. EIN 01-0526993 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $24K |
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 | 813 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 79 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 892 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,672 | $1.6M |
| Vision | VISION SERVICE PLAN | 760 | $98K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE CO | 806 | $579K |
| Long-term disability(4 contracts, 2 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE CO | 738 | $337K |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,672 | $1.6M |
| Other(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,672 | $2.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,672 | — |
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.