| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PROFILE BENEFITS INC.3 | 320 SOUTH SERVICE ROAD MELVILLE, NY 11747 | EMBLEM HEALTH | $52K | — | $52K | 4.00% |
| SAVOY ASSOCIATES3 | SUITE 220 FLORHAM PARK, NJ 07932 | EMBLEM HEALTH | — | $26K | $26K | 2.00% |
| SAVOY ASSOCIATES3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | NEW YORK LIFE GROUP INSURANCE COMPANY OF NY | $12K | — | $12K | 4.77% |
| PROFILE BENEFITS INC.3 Filed as: PROFILE BENEFITS INC | 320 SOUTH SERVICE ROAD MELVILLE, NY 11747 | NEW YORK LIFE GROUP INSURANCE COMPANY OF NY | $9K | — | $9K | 3.83% |
| MJ INSURANCE3 Filed as: VARIOUS AGENTS, SEE ATTACHED | C/O AFLAC, 1932 WYNNTON ROAD COLUMBUS, GA 31999 | AFLAC | $10K | $442 | $10K | 15.87% |
| PROFILE BENEFITS INC.3 | 320 SOUTH SERVICE ROAD MELVILLE, NY 11747 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $5K | — | $5K | 7.37% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $3K | $3K | 4.04% |
| PROFILE BENEFITS INC.3 Filed as: PROFILE BENEFITS INC | 320 SOUTH SERVICE ROAD MELVILLE, NY 11747 | UNITEDHEALTHCARE INSURANCE COMPANY | $837 | — | $837 | 10.79% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD STE 220 FLORHAM PARK, NJ 07932 | UNITEDHEALTHCARE INSURANCE COMPANY | $419 | — | $419 | 5.40% |
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 | 240 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 17 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 258 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EMBLEM HEALTH | 137 | $1.3M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 121 | $63K |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 163 | $8K |
| Life insurance | NEW YORK LIFE GROUP INSURANCE COMPANY OF NY | 240 | $244K |
| Short-term disability | NEW YORK LIFE GROUP INSURANCE COMPANY OF NY | 240 | $244K |
| Long-term disability | NEW YORK LIFE GROUP INSURANCE COMPANY OF NY | 240 | $244K |
| Prescription drug | EMBLEM HEALTH | 137 | $1.3M |
| Other(4 contracts, 4 carriers) | EMBLEM HEALTH | 240 | $1.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 240 | — |
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.