Form 5500 · Employee benefit plan · MIAMI, FL
OCEAN BANK
OCEAN BANK of MIAMI, FL is a 688-participant finance and insurance employer whose group benefits are disclosed in its annual Form 5500 filing. Its broker of record is HR RESOURCE PARTNERS LLC. Coverage is written through CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES and 10 other carriers. The plan's most recent policy period ended in April.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 59-2237280 · plan 502 · as of Aug 2026
Plan brief
Schedule A lists 16 insured contracts covering health, dental, vision, life and disability; the largest, with CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES, covers 614 people.
Reported premium across the insured contracts is $10,435,762, with $109,936 in disclosed broker commissions — about 1.1% of premium.
The health contract's policy period ended in April, while at least one ancillary line renews in December — the plan is on a split renewal cycle.
HR RESOURCE PARTNERS LLC is the broker of record on 1 of the 16 contracts; the rest name a different broker or none.
11 carriers appear on the filing — CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES, PRINCIPAL LIFE INSURANCE COMPANY, LIFE INSURANCE COMPANY OF NORTH AMERICA and ARMADACARE among them — with CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Disability | 231 | April | $258,549 | $63,526 |
| CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | Health, Dental, Vision | 614 | April | $9,323,708 | $17,983 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | Life | 436 | December | $187,027 | $9,351 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | — | 687 | December | $185,354 | $9,268 |
| AFLAC | — | 40 | April | $19,457 | $2,770 |
| ARMADACARE | Health | 11 | April | $125,640 | $1,650 |
| CONTINENTAL AMERICAN INSURANCE COMPANY | — | 21 | April | $7,395 | $1,559 |
| CIGNA DENTAL HEALTH OF FLORIDA, INC. | Dental | 53 | April | $35,844 | $1,434 |
| TRANSAMERICA LIFE INSURANCE COMPANY | — | 9 | April | $8,401 | $1,260 |
| FIDELITY SECURITY LIFE INSURANCE COMPANY | — | 34 | April | $19,269 | $868 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | — | 434 | December | $5,226 | $261 |
| CIGNA DENTAL HEALTH OF NORTH CAROLINA, INC. | Dental | 1 | April | $159 | $6 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | Life | 692 | December | $118,638 | $0 |
| ARAG INSURANCE COMPANY | — | 48 | December | $5,955 | $0 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | Disability | 687 | December | $113,788 | $0 |
| LIFE INSURANCE COMPANY OF NORTH AMERICA | — | 681 | December | $21,352 | $0 |
More employer plans in Florida — largest plans, brokers, carriers and renewal months.