| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MCDERMOTT & THOMAS ASSOCIATES3 Filed as: MCDERMOTT & THOMAS ASSOCIATES LLC | 1000 SOUTH AVENUE, SUITE 101 STATEN ISLAND, NY 103143430 | CIGNA HEALTH & LIFE INSURANCE COMPANY | $95K | — | $95K | 3.45% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC | 225 WIRELESS BLVD 2ND FLR HAUPPAUGE, NY 11788 | CIGNA HEALTH & LIFE INSURANCE COMPANY | — | $54K | $54K | 1.97% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC | 225 WIRELESS BLVD 2ND FLR HAUPPAUGE, NY 11788 | CIGNA HEALTH & LIFE INSURANCE COMPANY | — | $17K | $17K | 0.63% |
| MCDERMOTT & THOMAS ASSOCIATES3 Filed as: MCDERMOTT & THOMAS ASSOCIATES LLC | 1000 SOUTH AVENUE STATEN ISLAND, NY 10314 | GUARDIAN | $14K | $6K | $20K | 7.72% |
| MCDERMOTT & THOMAS ASSOCIATES3 Filed as: MCDERMOTT & THOMAS ASSOCIATES LLC | 1000 SOUTH AVENUE,SUITE 101 STATEN ISLAND, NY 10314 | AETNA LIFE INSURANCE COMPANY | $10K | — | $10K | 8.00% |
| MCDERMOTT & THOMAS ASSOCIATES3 | 1000 SOUTH AVENUE STATEN ISLAND, NY 103143430 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | $3K | — | $3K | 6.14% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRLESS BLVD 2ND FLR HAUPPAUGE, NY 11788 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | $2K | — | $2K | 5.00% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRLESS BLVD 2ND FLR HAUPPAUGE, NY 11788 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | $298 | — | $298 | 0.64% |
| SNEDDON HUGH JEFFREY3 Filed as: SNEDDON, HUGH JEFFREY | 178 MYRTLE BLVD STE 106 LARCHMONT, NY 105382048 | MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | $2K | $136 | $2K | 37.85% |
| BOOK MICHAEL A3 Filed as: BOOK, MICHAEL A | 530 5TH AVE FL 11 NEW YORK, NY 100365101 | MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | — | $2K | $2K | 32.00% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: WELLS FARGO INSUR SERVICES USA,INC. | 7 GIRALDA FARMS 2ND FLR MADISON, NJ 079401027 | FEDERAL INSURANCE COMPANY | $291 | $29 | $320 | 16.48% |
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 | 211 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 211 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH & LIFE INSURANCE COMPANY | 249 | $2.8M |
| Dental | AETNA LIFE INSURANCE COMPANY | 238 | $127K |
| Life insurance(2 contracts, 2 carriers) | GUARDIAN | 212 | $306K |
| Short-term disability(2 contracts, 2 carriers) | GUARDIAN | 212 | $261K |
| Long-term disability(2 contracts, 2 carriers) | GUARDIAN | 212 | $264K |
| Prescription drug | CIGNA HEALTH & LIFE INSURANCE COMPANY | 249 | $2.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 249 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.