| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMERSON REID LLC3 Filed as: EMRESON REID LLC | 1787 SENTRY PKWY W VEVA 16 SUITE 320 BLUE BELL, PA 19422 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $10K | $4K | $14K | 16.56% |
| EMERSON REID LLC3 | 261 MADISON AVE SE 602 NEW YORK, NY 100162303 | COMPANION LIFE INSURANCE COMPANY | $6K | $1K | $7K | 25.02% |
| DAVID JOSEPH PEZZOLA3 | ICARUS INVESTMENT GROUP 205 E 42ND STREET, FL 16 NEW YORK, NY 100175706 | COMPANION LIFE INSURANCE COMPANY | $580 | — | $580 | 1.98% |
| BRUCE PETRIE3 | 570 W MOUNT PLEASANT AVE STE 104 LIVINGSTON, NJ 07039 | NORTHWESTERN MUTUAL | $3K | $650 | $3K | 13.76% |
| NM MORRISTOWN NJ3 | 10 MADISON AVE STE 301 MORRISTOWN, NJ 07960 | NORTHWESTERN MUTUAL | $625 | $55 | $680 | 2.70% |
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 | 1,690 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 45 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,735 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO. | 1,104 | $267K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 195 | $85K |
| Life insurance | COMPANION LIFE INSURANCE COMPANY | 162 | $29K |
| Long-term disability | NORTHWESTERN MUTUAL | 1,690 | $25K |
| Other | COMPANION LIFE INSURANCE COMPANY | 162 | $29K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,690 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.