| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| QUANTUM FINANCIAL STRATEGIES3 Filed as: QUANTUM FINANCIAL STATEGIES | 100 SOUTH BEDFORD ROAD SUITE 340 MOUNT KISCO, NY 10528 | AETNA LIFE INSURANCE COMPANY | $7K | — | $7K | 3.81% |
| QUANTUM FINANCIAL STRATEGIES3 Filed as: QUANTUM FINANCIAL STRATEGIES NJ | 100 SOUTH BEDFORD ROAD MY KISCO, NY 10549 | AETNA LIFE INSURANCE COMPANY | $4K | — | $4K | 6.14% |
| QUANTUM FINANCIAL STRATEGIES3 Filed as: QUANTUM FINANCIAL STRATEGIES, INC. | 118 N BEDFORD RD STE 100 MOUNT KISCO, NY 105492555 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | — | $4K | 15.00% |
| QUANTUM FINANCIAL STRATEGIES3 Filed as: QUANTUM FINANCIAL STARTEGIES | 100 SOUTH BEDFORD ROAD SUITE 340 MOUNT KISCO, NY 10528 | AETNA LIFE INSURANCE COMPANY | $600 | — | $600 | 2.74% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| QUANTUM FINANCIAL STRATEGIES INSURANCE BROKER | Insurance brokerage commissions and fees Service code 53 | 100 SO BEDFORD ROAD SUITE 340 MOUNT KISCO, NY 10528 | $79K |
| JOHN T. OATES EIN 13-1966980 PPGU OFFICIAL | Employee (plan) Service code 30 | 889 BROADWAY BAYONNE, NJ 07002 | $69K |
| THE LAMBOS FIRM, LLP EIN 13-3864093 CO-COUNSEL | Legal Service code 29 | 300 SOUTH BROADWAY SUITE 410 TARRYTOWN, NY 10591 | $55K |
| PITTA & GIBLIN, LLP EIN 26-3852082 CO-COUNSEL | Legal Service code 29 | 120 BROADWAY NEW YORK, NY 10271 | $54K |
| DESENA & COMPANY CPAS EIN 20-0609534 AUDITOR | Accounting (including auditing) Service code 10 | 100 EAGLE ROCK AVENUE SUITE 100 EAST HANOVER, NJ 07936 | $42K |
| JUNE LENNON EIN 13-1966980 EMPLOYEE | Employee (plan) Service code 30 | 889 BROADWAY BAYONNE, NJ 07002 | $22K |
| KATHY SCHIERECK EIN 13-1966980 ACCOUNTANT | Accounting (including auditing) Service code 10 | 889 BROADWAY BAYONNE, NJ 07002 | $11K |
| RAYMOND GORSKI EIN 13-1966980 PPGU OFFICIAL | Employee (plan) Service code 30 | 889 BROADWAY BAYONNE, NJ 07002 | $10K |
| CYNOMYS, INC. EIN 22-3007300 ACTUARY | Actuarial Service code 11 | 271 PARKVIEW AVENUE YONKERS, NY 10710 | $9K |
| CAMILLE OATES EIN 05-9423232 JANITORIAL SERVICES | Other services Service code 49 | 889 BROADWAY BAYONNE, NJ 07002 | $5K |
| MADISON PLANNING GROUP INC. INSURANCE BROKER | Insurance brokerage commissions and fees Service code 53 | 100 SOUTH BEDFORD ROAD MT KISCO, NY 10549 | $0 |
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 | 249 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 126 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 0 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 474 | $68K |
| Dental | AETNA LIFE INSURANCE COMPANY | 474 | $68K |
| Vision | AETNA LIFE INSURANCE COMPANY | 474 | $68K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 181 | $26K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 181 | $26K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 474 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.