| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ANDY SCHWARTZ3 Filed as: ANDY M. SCHWARTZ | 100 PASSAIC AVE STE 300 FAIRFIELD, NJ 07004 | SUN LIFE AND HEALTH INSURANCE COMPANY | $25K | — | $25K | 5.83% |
| ADVANCED BENEFIT CONCEPTS OF CHERRY3 Filed as: ADVANCED BENEFIT CONCEPTS LLC | 413 MARLTON PIKE E STE 300 CHERRY HILL, NJ 08034 | SUN LIFE AND HEALTH INSURANCE COMPANY | $17K | $7K | $24K | 5.60% |
| BRIAN ALLAIN3 Filed as: BRIAN JOSEPH ALLAIN | 52 FOREST AVE PARAMUS, NJ 07652 | SUN LIFE AND HEALTH INSURANCE COMPANY | $22K | — | $22K | 5.05% |
| KEYARZ CAPITAL ADVISORS3 | 732 NEWMAN SPRINGS ROAD 2ND FLOOR LINCROFT, NJ 07738 | SUN LIFE AND HEALTH INSURANCE COMPANY | $2K | — | $2K | 0.35% |
| BRIAN ALLAIN3 | 52 FOREST AVE PARAMUS, NJ 07652 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | $22K | — | $22K | 19.84% |
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 | 1,646 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 20 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,666 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | AETNA LIFE INSURANCE CO. | 1,194 | $227K |
| Life insurance | SUN LIFE AND HEALTH INSURANCE COMPANY | 1,646 | $435K |
| Long-term disability(2 contracts, 2 carriers) | SUN LIFE AND HEALTH INSURANCE COMPANY | 1,646 | $545K |
| Other | SUN LIFE AND HEALTH INSURANCE COMPANY | 1,646 | $435K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,646 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.