| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MORRISSEY INSURANCE SERVICES3 Filed as: MORRISSEY INS. SRVCS. INC. | 11920 SOUTHERN HIGHLANDS PKWY #201 LAS VEGAS, NV 891413274 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $96K | $0 | $96K | 11.52% |
| MORRISSEY INSURANCE SERVICES3 Filed as: MORRISSEY INS. SRVCS. INC. | 11920 SOUTHERN HIGHLANDS PKWY #201 LAS VEGAS, NV 891413274 | VISION SERVICE PLAN | $1K | — | $1K | 4.54% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE COM EIN 59-1031071 | Float revenue; Claims processing; Participant communication; Named fiduciary; Other services; Non-monetary compensation; Direct payment from the plan; Contract Administrator Service code 12 | PO BOX 20643 LEHIGH VALLEY, PA 180020643 | $33K |
| CIGNA BEHAVIORAL HEALTH, INC. EIN 41-1648670 ADMINISTRATOR | Claims processing; Direct payment from the plan; Participant communication; Contract Administrator Service code 12 | — | $7K |
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 | 517 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 521 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 521 | $837K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 521 | $837K |
| Vision | VISION SERVICE PLAN | 304 | $32K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 521 | $837K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 521 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.