| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WATCHTOWER BENEFITS, LLC3 | 227 WEST MONROE STREET, SUITE 5200 CHICAGO, IL 60606 | RELIASTAR LIFE INSURANCE COMPANY | $0 | $6K | $6K | 1.45% |
| THOMPSON FLANAGAN AND COMPANY3 | 626 WEST JACKSON BOULEVARD SUITE 500 CHICAGO, IL 60661 | RELIASTAR LIFE INSURANCE COMPANY | $6K | $0 | $6K | 1.33% |
| THOMPSON FLANAGAN AND COMPANY3 | 626 WEST JACKSON BOULEVARD SUITE 500 CHICAGO, IL 60661 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $10K | $0 | $10K | 3.95% |
| BENEFIT COMMUNICATION SERVICES, INC3 Filed as: BENEFIT COMMUNICATION INC | UNKNOWN BRONX, NY 10473 | COMBINED INSURANCE COMPANY OF AMERICA | $55K | $0 | $55K | 32.73% |
| THOMPSON FLANAGAN BENEFITS GROUP3 Filed as: THOMPSON FLANAGAN BENEFITS GRP LLC | 626 WEST JACKSON BOULEVARD SUITE 500 CHICAGO, IL 60661 | COMBINED INSURANCE COMPANY OF AMERICA | $16K | $0 | $16K | 9.52% |
| MERCER HEALTH AND BENEFITS, LLC3 | UNKNOWN BRONX, NY 10473 | COMBINED INSURANCE COMPANY OF AMERICA | $171 | $0 | $171 | 0.10% |
No Schedule C service providers reported on this filing.
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 | 847 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 14 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 861 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 423 | $248K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 423 | $248K |
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 948 | $424K |
| Short-term disability | RELIASTAR LIFE INSURANCE COMPANY | 948 | $424K |
| Long-term disability | RELIASTAR LIFE INSURANCE COMPANY | 948 | $424K |
| Other(2 contracts, 2 carriers) | RELIASTAR LIFE INSURANCE COMPANY | 1,604 | $592K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,604 | — |
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.