| 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 | $47K | $0 | $47K | 2.12% |
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF MARYLAND LLC | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $16K | $0 | $16K | 0.72% |
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF MD LLC | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $130K | $0 | $130K | 22.65% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1125 SANCTUARY PKWY SUITE 300 ALPHARETTA, GA 30009 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $12K | $0 | $12K | 2.00% |
| JAMES R NELLIGAN & ASSOCIATES LLC3 | 1933 STATE RTE 35 STE 368 WALL TOWNSHIP, NJ 07719 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $0 | $5K | $5K | 0.87% |
| WATCHTOWER TECHNOLOGIES INC3 | 306 WEST ERIE ST 3RD FL CHICAGO, IL 60654 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $0 | $4K | $4K | 0.74% |
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF MD LLC | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $57K | $0 | $57K | 17.00% |
| BENEFIT ADVISORS SVCS GRP LLC3 | 1125 SANCTUARY PKWY SUITE 300 ALPHARETTA, GA 30009 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $7K | $0 | $7K | 2.00% |
| JAMES R NELLIGAN & ASSOCIATES LLC3 | 1933 STATE RTE 35 STE 368 WALL TOWNSHIP, NJ 07719 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $0 | $3K | $3K | 0.89% |
| WATCHTOWER TECHNOLOGIES INC3 | 306 WEST ERIE ST 3RD FL CHICAGO, IL 60654 | THE LINCOLN NATIONAL LIFE INSURANCE CO | $0 | $2K | $2K | 0.72% |
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF MD LLC | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | VISION SERVICE PLAN | $7K | $0 | $7K | 5.69% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | VISION SERVICE PLAN | $2K | $0 | $2K | 2.03% |
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF MD LLC | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $2K | $0 | $2K | 13.15% |
| PSA INSURANCE & FINANCIAL PARTNERS3 | 11311 MCCORMICK RD, SUITE 500 HUNT VALLEY, MD 210318622 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $941 | $0 | $941 | 5.07% |
| 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 | Direct payment from the plan; Contract Administrator; Claims processing; Named fiduciary; Float revenue; Non-monetary compensation; Other services; Participant communication Service code 12 | — | $1.3M |
| CIGNA DENTAL EIN 59-1031071 CONTRACT ADMINISTRATOR | Other services; Named fiduciary; Float revenue; Claims processing; Participant communication; Contract Administrator; Direct payment from the plan; Non-monetary compensation Service code 12 | — | $96K |
| COHNREZNICK LLP EIN 22-1478099 ACCOUNTANT | Accounting (including auditing) Service code 10 | — | $35K |
| VISION SERVICE PLAN EIN 23-7089668 CONTRACT ADMINISTRATOR | Contract Administrator; Named fiduciary; Participant communication; Direct payment from the plan; Other services; Float revenue; Claims processing; Non-monetary compensation Service code 12 | — | $34K |
| 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 | 842 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 80 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 922 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,693 | $2.2M |
| Vision | VISION SERVICE PLAN | 792 | $122K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE CO | 838 | $576K |
| Long-term disability(4 contracts, 2 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE CO | 741 | $360K |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,693 | $2.2M |
| Other(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,693 | $2.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,693 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.