| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFEX BENEFIT CONSULTING3 Filed as: BENEFEX BENEFIT CONSULTING INC | 23 VREELAND RD STE 100 FLORHAM PARK, NJ 079321514 | UNITEDHEALTHCARE INSURANCE COMPANY | $21K | $0 | $21K | 6.99% |
| RSC INSURANCE BROKERAGE INC3 | 160 FEDERAL ST BOSTON, MA 021101700 | UNITEDHEALTHCARE INSURANCE COMPANY | $71 | $0 | $71 | 0.02% |
| EMERSON REID LLC3 Filed as: EMERSON REID NJ NY | 1787 SENTRY PKWY W STE 320 BLUE BELL, PA 194222240 | UNITEDHEALTHCARE INSURANCE COMPANY | $0 | $13 | $13 | 0.00% |
| BENEFEX BENEFIT CONSULTING3 Filed as: BENEFEX BENEFIT CONSULTING INC | PO BOX 1658 LIVINGSTON, NJ 070397258 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | $87 | $2K | 12.38% |
| JEFFREY FRIEDRICH3 | 103 EISENHOWER PKWY STE 306 ROSELAND, NJ 070681029 | METROPOLITAN LIFE INSURANCE COMPANY | $722 | $0 | $722 | 4.05% |
| NICOLA RIVERSO3 | 103 EISENHOWER PKWY STE 306 ROSELAND, NJ 070681029 | METROPOLITAN LIFE INSURANCE COMPANY | $722 | $0 | $722 | 4.05% |
| BENEFEX BENEFIT CONSULTING3 Filed as: BENEFEX BENEFIT CONSULTING INC | 23 VREELAND RD STE 100, P O BOX 1658 FLORHAM PARK, NJ 079321514 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $1K | $126 | $1K | 7.88% |
| BENEFEX BENEFIT CONSULTING3 Filed as: BENEFEX BENEFIT CONSULTING INC | 23 VREELAND RD FLORHAM PARK, NJ 07932 | VISION SERVICE PLAN | $417 | $0 | $417 | 9.93% |
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 | 151 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 155 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITEDHEALTHCARE INSURANCE COMPANY | 233 | $297K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 232 | $18K |
| Vision | VISION SERVICE PLAN | 99 | $4K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 151 | $17K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 151 | $17K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 151 | $17K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 233 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.