Form 5500 · Employee benefit plan · ARVADA, CO
BARBER-NICHOLS, LLC
The filing calls this plan BARBER-NICHOLS GROUP HEALTH PLAN.
BARBER-NICHOLS, LLC of ARVADA, CO insures health, dental, vision, life and disability coverage for its employees, per Schedule A of its Form 5500. Its broker of record is GCG FINANCIAL, LLC. Coverage is written through CIGNA HEALTH AND LIFE INSURANCE COMPANY and 6 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 84-0568519 · plan 501 · plan year 2023, filed Jul 29, 2024
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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.
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 7 insured contracts covering health, dental, vision, life and disability; the largest, with CIGNA HEALTH AND LIFE INSURANCE COMPANY, covers 267 people.
Reported premium across the insured contracts is $941,574, with $43,513 in disclosed broker commissions — about 4.6% of premium.
The health contract's policy period ended in December, while at least one ancillary line's policy period ended in May. The plan is on a split renewal cycle.
GCG FINANCIAL, LLC is the broker of record on all 7 contracts.
7 carriers appear on the filing, including CIGNA HEALTH AND LIFE INSURANCE COMPANY, DELTA DENTAL OF COLORADO, THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA and EYEMED VISION CARE. CIGNA HEALTH AND LIFE INSURANCE COMPANY writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE COMPANY | Health | 267 | Jan 1, 2024 | $685,801 | $25,313 |
| DELTA DENTAL OF COLORADO | Dental | 301 | Jan 1, 2024 | $131,114 | $7,753 |
| UNUM LIFE INSURANCE COMPANY OF AMERICA | Life | 62 | Jun 1, 2024 | $18,626 | $4,685 |
| THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | Life, Disability | 200 | Jan 1, 2024 | $70,691 | $2,787 |
| EYEMED VISION CARE | Vision | 257 | Jan 1, 2024 | $27,792 | $2,220 |
| AMERICAN HERITAGE LIFE INSURANCE COMPANY | — | 70 | Jan 1, 2024 | $4,352 | $499 |
| BETA HEALTH | Dental | 36 | Jan 1, 2024 | $3,198 | $256 |
Premium and claims on this contract
DELTA DENTAL OF COLORADO, contract 000000130321. For the contract year on this filing, the carrier reported $131,114 in premium earned and $122,790 in claims incurred. Dividing one by the other gives 94%.
- DELTA DENTAL OF COLORADO, contract 000000130321 reported $31,983 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. We publish company names only.
Reported to OSHA
Reported to OSHA for 2025: 230 employees, 1 recordable cases, 0 days away from work.
Source: OSHA Injury Tracking Application establishment data, 2025.
Other plans filed by this employer
How this plan compares
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