| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FINANCIAL LIBERTY GROUP3 Filed as: FINANCIAL LIBERTY GROUP INC. | 115 BROADHOLLOW RD., SUITE 375 MELVILLE, NY 117474990 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | $0 | $5K | 4.84% |
| EAGLE GROUP PLANNING INC.3 | 31 HALLOCK MEADOW DR STONY BROOK, NY 117902936 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $0 | $3K | 3.32% |
| AHMED, THARWAT3 | P.O. BOX 170383 OZONE PARK, NY 11417 | FIRST UNUM LIFE INSURANCE COMPANY | $4K | $0 | $4K | 12.42% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS INC. | 225 WIRELESS BLVD., 2ND FL HAUPPAUGE, NY 11788 | FIRST UNUM LIFE INSURANCE COMPANY | $0 | $2K | $2K | 5.32% |
| AHMED, THARWAT3 | P.O. BOX 170383 OZONE PARK, NY 11417 | FIRST UNUM LIFE INSURANCE COMPANY | $397 | $0 | $397 | 1.29% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS INC. | 225 WIRELESS BLVD., 2ND FL HAUPPAUGE, NY 11788 | FIRST UNUM LIFE INSURANCE COMPANY | $161 | $0 | $161 | 0.52% |
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 | 198 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 198 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 259 | $103K |
| Life insurance(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 198 | $65K |
| Long-term disability(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 198 | $65K |
| Other(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 198 | $65K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 259 | — |
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."
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.