| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JOHN H BLASCH3 | 71 BEECHWOOD LANE BERKELEY HEIGHTS, NJ 07922 | HARTFORD LIFE INSURANCE COMPANY | $56K | $28K | $84K | 13.63% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD, 2ND FLOOR HAUPPAUGE, NY 11788 | HARTFORD LIFE INSURANCE COMPANY | $11K | $6K | $17K | 2.71% |
| FRENKEL BENEFITS LLC3 | 350 HUDSON STREET, FL 4 NEW YORK, NY 100144500 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $792 | $5K | 4.48% |
| JOHN H BLASCH3 | 71 BEECHWOOD LANE BERKELEY HEIGHTS, NJ 07922 | HARTFORD LIFE INSURANCE COMPANY | $3K | — | $3K | 12.48% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD, 2ND FLOOR HAUPPAUGE, NY 11788 | HARTFORD LIFE INSURANCE COMPANY | $540 | — | $540 | 2.57% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| JOSEPH RAGUSA EIN 13-3050863 EMPLOYEE OF REL'D ORGNS | Employee (plan) Service code 30 | — | $62K |
| MORGAN STANLEY WEALTH MGMT. EIN 26-4310632 INV'T MNGR FOR REL'D PLAN | Investment advisory (plan); Securities brokerage; Custodial (securities); Securities brokerage commissions and fees; Other investment fees and expenses Service code 19 | — | $52K |
| HAROLD MCNAMARA EIN 13-3050863 EMPLOYEE OF REL'D ORGNS | Employee (plan) Service code 30 | — | $50K |
| DOREEN PECORA EIN 13-3050863 EMPLOYEE OF RELATED PLANS | Employee (plan) Service code 30 | — | $47K |
| SAGE ADVISORY SERVICES LTD CO EIN 74-2798841 INV'T MNGR FOR REL'D PLAN | Investment management fees paid directly by plan Service code 51 | — | $47K |
| SAVASTA AND COMPANY, INC. EIN 13-3879959 ACTUARY FOR REL'D PLAN | Actuarial Service code 11 | — | $45K |
| BUCHBINDER TUNICK & COMPANY LLP EIN 13-1578842 AUDITOR FOR REL'D ORG'NS | Accounting (including auditing) Service code 10 | — | $43K |
| BAHL AND GAYNOR EIN 31-1297139 ADVISER FOR REL'D PLAN | Investment management fees paid directly by plan Service code 51 | — | $37K |
| BEATRIZ SAIZ EIN 13-3050863 EMPLOYEE OF REL'D ORGNS | Employee (plan) Service code 30 | — | $31K |
| MARGUERITE BOGDA EIN 13-3050863 EMPLOYEE OF RELATED PLANS | Employee (plan) Service code 30 | — | $28K |
| GIBLIN & LYNCH EIN 22-2372248 ATTORNEY OF REL'D ORGNS | Legal Service code 29 | — | $25K |
| ANDREW L. MONTELEONE, ESQ EIN 05-0402866 EMPLOYEE OF REL'D ORGNS | Legal Service code 29 | — | $20K |
| ROBERT H. BOGUCKI, P.C. EIN 13-3397205 ATTORNEY OF REL'D ORGNS | Legal Service code 29 | — | $15K |
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 | 1,076 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 751 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 37 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,864 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CONNECTICUT GENERAL LIFE INSURANCE COMPANY AND AFFILIATES | 284 | $866K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 4,257 | $104K |
| Short-term disability(2 contracts) | HARTFORD LIFE INSURANCE COMPANY | 989 | $636K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 4,257 | $104K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4,257 | — |
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."
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.