| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE WILSHIRE GROUP LLC3 Filed as: WILSHIRE GROUP, LLC | 2035 LINCOLN HIGHWAY, STE. 1080 EDISON, NJ 088170000 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $186K | $186K | 5.00% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC | 225 WIRELESS BLVD, STE. 200 HAUPPAUGE, NY 117880000 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $74K | $74K | 2.00% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS INC. | 225 WIRELESS BLVD, STE. 200 HAUPPAUGE, NY 11788 | METROPOLITAN LIFE INSURANCE COMPANY | $8K | — | $8K | 4.59% |
| THE WILSHIRE GROUP LLC3 | 2035 STATE ROUTE 27, STE. 1080 EDISON, NJ 08817 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | — | $5K | 2.54% |
| THE WILSHIRE GROUP LLC3 | 2035 LINCOLN HIGHWAY, SUITE 1080 EDISON, NJ 08817 | FIRST UNUM LIFE INSURANCE COMPANY | $11K | — | $11K | 6.05% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS INC. | 225 WIRELESS BLVD, 2ND FLOOR HAUPPAUGE, NY 11788 | FIRST UNUM LIFE INSURANCE COMPANY | — | $9K | $9K | 5.00% |
| THE WILSHIRE GROUP LLC3 | 2035 LINCOLN HIGHWAY, SUITE 1080 EDISON, NJ 08817 | FIRST UNUM LIFE INSURANCE COMPANY | $12K | — | $12K | 15.00% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS INC. | 225 WIRELESS BLVD, 2ND FLOOR HAUPPAUGE, NY 11788 | FIRST UNUM LIFE INSURANCE COMPANY | — | $4K | $4K | 5.00% |
| THE WILSHIRE GROUP LLC3 | 2035 STATE ROUTE 27 STE 1080 EDISON, NJ 08817 | UNITEDHEALTHCARE INSURANCE COMPANY | $1K | — | $1K | 9.96% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS INC. | 225 WIRELESS BLVD, STE. 200 HAUPPAUGE, NY 11788 | UNITEDHEALTHCARE INSURANCE COMPANY | $578 | — | $578 | 4.98% |
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 | 164 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 167 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 190 | $3.7M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 368 | $180K |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 232 | $12K |
| Life insurance | FIRST UNUM LIFE INSURANCE COMPANY | 164 | $175K |
| Short-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 164 | $175K |
| Long-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 52 | $80K |
| Other | FIRST UNUM LIFE INSURANCE COMPANY | 164 | $175K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 368 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.