| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WHITMORE GROUP LTD3 Filed as: THE WHITMORE GROUP LTD | 370 OLD COUNTRY RD, STE 200 GARDEN CITY, NJ 11530 | FIRST UNUM LIFE INSURANCE COMPANY | $9K | — | $9K | 12.56% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BLVD 2ND FLR HAUPPAUGE, NY 11788 | FIRST UNUM LIFE INSURANCE COMPANY | — | $7K | $7K | 9.23% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MAGNACARE ADMIN. SERVICES, LLC EIN 11-3410766 NONE | Direct payment from the plan; Other insurance fees and expenses; Claims processing Service code 12 | — | $2.7M |
| TPA COMPUTER CORP EIN 13-3329882 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $489K |
| TIBBETTS, KEATING & BUTLER LLC EIN 06-1256042 NONE | Legal; Direct payment from the plan Service code 29 | — | $300K |
| CARY KANE LLP EIN 20-1942442 NONE | Legal; Direct payment from the plan Service code 29 | — | $215K |
| JAMES GREEN ESQ EIN 11-2591565 NONE | Legal; Direct payment from the plan Service code 29 | — | $123K |
| NOVAK FRANCELLA LLC EIN 61-1436956 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $122K |
| JAMES ROMANO EIN 13-6162404 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $98K |
| AMERICAN ARBITRATION ASSOCIATION EIN 13-0429745 NONE | Legal; Direct payment from the plan Service code 29 | — | $95K |
| TEAMSTERS CENTER SERVICES FUND EIN 13-1964856 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $91K |
| JOSEPH GEREMINA EIN 13-6162404 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $91K |
| SELE-DENT, INC. EIN 11-3310187 NONE | Other services; Direct payment from the plan Service code 49 | — | $86K |
| JAMES SCARPATI EIN 13-6162404 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $78K |
| SIGNATURE SECURITIES GROUP EIN 13-4120476 NONE | Investment management; Other fees; Investment management fees paid directly by plan Service code 28 | — | $65K |
| THE SEGAL COMPANY EIN 13-1835864 NONE | Consulting (general); Direct payment from the plan; Actuarial Service code 11 | — | $55K |
| SDBWU LOCAL 812 IBT EIN 13-5045803 AFFILIATED UNION | Direct payment from the plan; Other services Service code 49 | — | $43K |
| OPTUM EIN 45-3142512 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $36K |
| HC SMART EIN 47-1481165 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $17K |
| ADP, INC. EIN 22-1467904 NONE | Direct payment from the plan; Accounting (including auditing); Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 10 | — | $9K |
| ANDRE GONZALES EIN 59-3671236 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $8K |
| DYNAMIX CONSULTING INC NONE | Direct payment from the plan; Consulting (general) Service code 16 | 50 FIFTHE AVENUE, 2ND FLR PELHAM, NY 10803 | $6K |
| PERFECT PRINTING SOLUTIONS, INC. EIN 11-3104681 NONE | Copying and duplicating; Direct payment from the plan Service code 36 | — | $5K |
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 | 3,009 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,003 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 4,012 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SUN LIFE AND HEALTH INSURANCE COMPANY (U.S.) | 3,644 | $782K |
| Short-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 943 | $75K |
| Stop-loss / reinsurancereinsurance | SUN LIFE AND HEALTH INSURANCE COMPANY (U.S.) | 3,249 | $2.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,644 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.