| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BOSTON INSURANCE EMPLOYEE BENEFITS5 | 18 RESEARCH PKWY STE 1600 WALLINGFORD, CT 064921931 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $12K | $12K | 8.00% |
| GCG FINANCIAL LLC3 Filed as: FOA INSURANCE AN ALERA GROUP AGENCY | 200 BROADHOLLOW RD STE 410 MELVILLE, NY 11747 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $4K | $0 | $4K | 9.59% |
| PROFESSIONAL PENSIONS INC3 | 10 RESEARCH WAY WALLINGFORD, CT 06492 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $0 | $2K | $2K | 5.00% |
| GCG FINANCIAL LLC3 Filed as: FOA INSURANCE AN ALERA GROUP AGENCY | 200 BROADHOLLOW RD STE 410 MELVILLE, NY 11747 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $2K | $0 | $2K | 9.53% |
| PROFESSIONAL PENSIONS INC3 | 10 RESEARCH WAY WALLINGFORD, CT 06492 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $0 | $1K | $1K | 5.00% |
| GCG FINANCIAL LLC3 Filed as: FOA INSURANCE AN ALERA GROUP AGENCY | 200 BROADHOLLOW RD STE 410 MELVILLE, NY 11747 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $2K | $0 | $2K | 15.00% |
| PROFESSIONAL PENSIONS INC3 | 10 RESEARCH WAY WALLINGFORD, CT 06492 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $0 | $816 | $816 | 5.00% |
| GCG FINANCIAL LLC3 Filed as: FOA INSURANCE AN ALERA GROUP AGENCY | 200 BROADHOLLOW RD STE 410 MELVILLE, NY 11747 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $2K | $0 | $2K | 10.00% |
| PROFESSIONAL PENSIONS INC3 | 10 RESEARCH WAY WALLINGFORD, CT 06492 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $0 | $771 | $771 | 5.00% |
| GCG FINANCIAL LLC3 Filed as: FOA INSURANCE AN ALERA GROUP AGENCY | 200 BROADHOLLOW RD STE 410 MELVILLE, NY 11747 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $2K | $0 | $2K | 15.00% |
| PROFESSIONAL PENSIONS INC3 | 10 RESEARCH WAY WALLINGFORD, CT 06492 | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | $0 | $641 | $641 | 5.00% |
| HOME OFFICE TPA PAYS COMMISSION3 | 5900 O ST LINCOLN, NE 685102234 | AMERITAS LIFE INSURANCE CORP. OF NEW YORK | $1K | $0 | $1K | 8.29% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC | 3 PARKWAY NORTH BLVD STE 500 DEERFIELD, IL 600152567 | AMERITAS LIFE INSURANCE CORP. OF NEW YORK | $0 | $239 | $239 | 1.87% |
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 | 271 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 271 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HAWAII MEDICAL SERVICE ASSOCIATION | 6 | $55K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 398 | $145K |
| Vision | AMERITAS LIFE INSURANCE CORP. OF NEW YORK | 396 | $13K |
| Life insurance(2 contracts) | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | 269 | $38K |
| Long-term disability | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | 271 | $44K |
| Other(4 contracts) | LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK | 269 | $66K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 398 | — |
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.