Form 5500 · Employee benefit plan · WILMINGTON, DE
ARTISANS' BANK
The filing calls this plan ARTISANS' BANK WRAP PLAN.
Public Form 5500 records show how ARTISANS' BANK of WILMINGTON, DE, a finance and insurance employer, structures its employee benefits. Its broker of record is AP BENEFIT ADVISORS, LLC. Coverage is written through CIGNA HEALTH AND LIFE INSURANCE COMPANY and 4 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 51-0002130 · plan 501 · plan year 2025, filed Jul 6, 2026
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How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Also declared: other welfare, death benefits.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 5 insured contracts covering health, dental, vision, life and disability; the largest, with CIGNA HEALTH AND LIFE INSURANCE COMPANY, covers 82 people.
Reported premium across the insured contracts is $1,009,205, with $23,868 in disclosed broker commissions — about 2.4% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
AP BENEFIT ADVISORS, LLC is the broker of record on 3 of the 5 contracts; the rest name a different broker or none.
5 carriers appear on the filing, including CIGNA HEALTH AND LIFE INSURANCE COMPANY, STANDARD INSURANCE COMPANY, METROPOLITAN LIFE INSURANCE COMPANY and AETNA LIFE INSURANCE COMPANY. CIGNA HEALTH AND LIFE INSURANCE COMPANY writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| STANDARD INSURANCE COMPANY | Life, Disability | 28 | Jan 1, 2026 | $103,675 | $13,813 |
| METROPOLITAN LIFE INSURANCE COMPANY | Dental | 196 | Jan 1, 2026 | $76,857 | $9,270 |
| EYEMED VISION CARE | Vision | 103 | Jan 1, 2026 | $7,191 | $785 |
| CIGNA HEALTH AND LIFE INSURANCE COMPANY | Health | 82 | Jan 1, 2026 | $746,795 | $0 |
| AETNA LIFE INSURANCE COMPANY | Health | 12 | Jan 1, 2026 | $74,687 | $0 |
Premium and claims on these contracts
STANDARD INSURANCE COMPANY, contract 758734. For the contract year on this filing, the carrier reported $103,675 in premium earned and $95,359 in claims incurred. Dividing one by the other gives 92%.
CIGNA HEALTH AND LIFE INSURANCE COMPANY, contract 00634837. For the contract year on this filing, the carrier reported $746,795 in premium earned and $901,351 in claims incurred. Dividing one by the other gives 121%.
- STANDARD INSURANCE COMPANY, contract 758734 reported $55,196 in retention.
- CIGNA HEALTH AND LIFE INSURANCE COMPANY, contract 00634837 reported $46,558 in retention.
Retention is what the carrier kept of the premium after claims, as reported: administration, commissions and other charges.
Only experience-rated contracts report these figures, so most filings leave them blank.
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.
Other plans filed by this employer
How this plan compares
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