| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GROUP ADVISORY INC3 Filed as: GROUP ADVISORY, INC. | 1135 CLIFTON AVE.,#201 CLIFTON, NJ 07013 | GENWORTH LIFE INSURANCE COMPANY | $109 | — | $109 | 0.03% |
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 | 1,921 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 24 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 427 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,372 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HAWAII MEDICAL SERVICE ASSOCIATION | 19 | $127K |
| Dental | ALPHA DENTAL PROGRAMS, INC. | 385 | $80K |
| Vision(2 contracts) | EYEMED VISION CARE | 2,532 | $154K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 2,429 | $666K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 2,429 | $666K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 2,429 | $666K |
| Prescription drug | HAWAII MEDICAL SERVICE ASSOCIATION | 19 | $127K |
| Other(4 contracts, 2 carriers) | HARTFORD LIFE AND ACCIDENT | 2,429 | $1.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,532 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.