| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP, INC. | 39 40 BROADWAY FAIR LAWN, NJ 07410 | EMBLEM HEALTH | $12K | — | $12K | 0.56% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP, INC. | 80 EAST STATE ROUTE 4 SUITE 245 PARAMUS, NJ 07652 | AETNA LIFE INSURANCE COMPANY | $7K | $2K | $9K | 3.95% |
| PREFERRED BENEFITS GROUP3 | 39-40 BROADWAY FAIR LAWN, NJ 07410 | GUARDIAN | $20K | $9K | $30K | 14.65% |
| PREFERRED BENEFITS GROUP Filed as: PREFERRED BENEFITS GROUP INC | 80 EAST STATE ROUTE 4 SUITE 245 PARAMUS, NJ 07652 | FIRST UNUM LIFE INSURANCE COMPANY | $1K | $107 | $1K | 16.26% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP INC | 80 EAST STATE ROUTE 4 SUITE 245 PARAMUS, NJ 07652 | OXFORD HEALTH INSURANCE INC | $198 | — | $198 | 9.37% |
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 | 208 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 208 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | OXFORD HEALTH INSURANCE INC | 0 | $2K |
| Dental | GUARDIAN | 164 | $201K |
| Life insurance | FIRST UNUM LIFE INSURANCE COMPANY | 23 | $9K |
| Other | EMBLEM HEALTH | 208 | $2.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 208 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.