| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARC HIATRIDES3 | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $169K | — | $169K | 11.20% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY INC | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $48K | $74K | $122K | 8.05% |
| MARC HIATRIDES3 | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $23K | — | $23K | 1.49% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY INC | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $6K | — | $6K | 0.42% |
| MARC HIATRIDES3 | 2929 EXPRESSWAY DRIVE NORTH SUITE 200 NORTH SHORE FINANCIAL GRO HAUPPAUGE, NY 11749 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $36K | — | $36K | 4.10% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY INC | 1305 WALT WHITMAN ROAD SUITE 310 MELVILLE, NY 11747 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $22K | — | $22K | 2.49% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY INC | 1305 WALT WHITMAN ROAD SUITE 310 MELVILLE, NY 11747 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $8K | — | $8K | 0.97% |
| MARC HIATRIDES3 | 68 BANKSIDE DRIVE CENTERPORT, NY 11721 | CIGNA LIFE INSURANCE CO OF NEW YORK | $8K | — | $8K | 2.10% |
| MARC HIATRIDES3 | 68 BANKSIDE DRIVE CENTERPORT, NY 11721 | METROPOLITAN LIFE INSURANCE COMPANY | $15K | — | $15K | 5.94% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: METLIFE FINANCIAL/METLIFE SECURITIE | 1095 AVENUE OF THE AMERICAS NEW YORK, NY 10036 | METROPOLITAN LIFE INSURANCE COMPANY | — | $860 | $860 | 0.34% |
| MARC HIATRIDES3 | 68 BANKSIDE DRIVE CENTERPORT, NY 11721 | CIGNA LIFE INSURANCE CO OF NEW YORK | $4K | — | $4K | 3.40% |
| MARC HIATRIDES3 | 68 BANKSIDE DRIVE CENTERPORT, NY 11721 | EYEMED | $9K | — | $9K | 10.02% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO | 261 MADISON AVENUE FLOOR 602 NEW YORK, NY 10016 | EYEMED | $4K | — | $4K | 5.01% |
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 | 994 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 32 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 36 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,062 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 1,878 | $2.4M |
| Vision | EYEMED | 1,660 | $89K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,306 | $255K |
| Short-term disability | CIGNA LIFE INSURANCE CO OF NEW YORK | 826 | $120K |
| Long-term disability | CIGNA LIFE INSURANCE CO OF NEW YORK | 808 | $363K |
| Prescription drug | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 1,878 | $1.5M |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,306 | $255K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,878 | — |
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.