| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST STE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 7.19% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY W VEVA BLDG16 STE 320 BLUE BELL, PA 19422 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $2K | $2K | 3.32% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST STE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 7.72% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY W VEVA BLDG16 STE 320 BLUE BELL, PA 19422 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $1K | $1K | 3.38% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | — | $4K | 11.29% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY W VEVA BLDG16 STE 320 BLUE BELL, PA 19422 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $1K | $1K | 3.38% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST STE 245 PARAMUS, NJ 07652 | NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK | $2K | — | $2K | 7.27% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY W VEVA BLDG16 STE 320 BLUE BELL, PA 19422 | NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK | — | $648 | $648 | 2.89% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP INC | 80 E STATE RT 4 STE 2 PARAMUS, NJ 07652 | VISION SERVICE PLAN | $2K | — | $2K | 10.77% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP INC | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | GUARDIAN | $6K | — | $6K | 45.70% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST STE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $781 | — | $781 | 12.00% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY W VEVA BLDG16 STE 320 BLUE BELL, PA 19422 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $224 | $224 | 3.44% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP INC | 80 ROUTE 4 EAST PARAMUS, NJ 07652 | BLUECROSS BLUESHIELD OF SOUTH CAROLINA | $102K | — | $102K | 2047.79% |
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 | 139 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 139 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF SOUTH CAROLINA | 125 | $5K |
| Dental | GUARDIAN | 139 | $14K |
| Vision | VISION SERVICE PLAN | 125 | $16K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 139 | $46K |
| Short-term disability(2 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 139 | $57K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 139 | $32K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 139 | $7K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 139 | — |
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.
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.