| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BUNKER HILL INSURANCE & CONSULTING3 | 136 MISSION WAY BARNEGAT, NJ 08005 | CIGNA HEALTH & LIFE INSURANCE COMPANY | $8K | — | $8K | 7.99% |
| MARTIN INSURANCE GROUP3 | PROSPECT PLAINS RD, BLDG F STE 110 CRANBURY, NJ 08512 | CIGNA HEALTH & LIFE INSURANCE COMPANY | — | $2K | $2K | 2.00% |
| BUNKER HILL INSURANCE & CONSULTING3 | 136 MISSION WAY BARNEGAT, NJ 08005 | CIGNA DENTAL HEALTH OF NEW JERSEY, INC. | $7K | — | $7K | 8.00% |
| MARTIN INSURANCE GROUP3 | PROSPECT PLAINS RD, BLDG F STE 110 CRANBURY, NJ 08512 | CIGNA DENTAL HEALTH OF NEW JERSEY, INC. | — | $2K | $2K | 2.00% |
| BUNKER HILL INSURANCE & CONSULTING3 | 136 MISSION WAY BARNEGAT, NJ 08005 | CIGNA DENTAL HEALTH OF PENNSYLVANIA INC. | $98 | — | $98 | 7.99% |
| MARTIN INSURANCE GROUP3 | PROSPECT PLAINS RD, BLDG F STE 110 CRANBURY, NJ 08512 | CIGNA DENTAL HEALTH OF PENNSYLVANIA INC. | — | $25 | $25 | 2.04% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WAGNER & ZWERMAN LLP NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | 201 OLD COUNTRY ROAD, 202 MELVILLE, NY 11747 | $15K |
| BUNKER HILL INSURANCE & CONSULTING EIN 90-0781224 ADMINISTRATOR | Direct payment from the plan; Contract Administrator Service code 13 | 136 MISSION WAY BARNEGAT, NJ 08005 | $12K |
| ORANSKY, SCARAGGI & BORG, P.C. EIN 22-3522685 LEGAL | Legal; Direct payment from the plan Service code 29 | 175 FAIRFIELD AVE, SUITE 1A WEST CALDWELL, NJ 07006 | $12K |
| MERRILL LYNCH, PIERCE, FENNER & SMI EIN 13-5674085 NONE | Custodial (securities); Investment management fees paid directly by plan Service code 19 | 1500 AMERICAN BLVD PENNINGTON, NJ 08534 | $11K |
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 | 244 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 244 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(3 contracts, 3 carriers) | CIGNA HEALTH & LIFE INSURANCE COMPANY | 244 | $189K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 244 | — |
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.