| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MG BENEFITS CONSULTING GROUP LLC3 | 8 FRONT ST UNIT 728 CROTON FALLS, NY 10519 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | $1K | — | $1K | 3.48% |
| PATRIOT GROWTH INSURANCE SERVICES3 Filed as: PATRIOT GROWTH INS SERVICES LLC | 501 OFFICE CENTER DR STE 215 FT WASHINGTON, PA 19034 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | $1K | — | $1K | 2.90% |
| PATRIOT GROWTH INSURANCE SERVICES3 Filed as: PATRIOT GROWTH INS SERVICES LLC | 501 OFFICE CENTER DR STE 215 FT WASHINGTON, PA 19034 | THE STANDARD TEMPORARY DISABILITY INSURANCE OF NEW YORK | $352 | — | $352 | 5.82% |
| MG BENEFITS CONSULTING GROUP LLC3 | 8 FRONT ST UNIT 728 CROTON FALLS, NY 10519 | THE STANDARD TEMPORARY DISABILITY INSURANCE OF NEW YORK | $299 | — | $299 | 4.95% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| IOA RE, LLC NONE | Insurance services Service code 23 | 190 WEST GERMANTOWN PIKE 800-462-2300 EAST NORRITON, PA 19401 | $493K |
| MICHAEL MARTUCCI NONE | Employee (plan) Service code 30 | 291 GARDNERVILLE RD NEW HAMPTON, NY 10958 | $156K |
| SYDNEY GOODRICH NONE | Employee (plan) Service code 30 | 64 ROBBINS ROAD MIDDLETOWN, NY 10940 | $102K |
| GINA D'ARAGONA NONE | Employee (plan) Service code 30 | 2 WOODLAND AVENUE POUGHKEEPSIE, NY 12603 | $86K |
| MARCIE HOFFMANN NONE | Employee (plan) Service code 30 | 118 HIGHLAND AVE MARLBORO, NY 12542 | $71K |
| RBT CPAS, LLP EIN 14-1604297 NONE | Accounting (including auditing) Service code 10 | 11 RACQUET ROAD NEWBURGH, NY 12550 | $52K |
| THE STANDARD LIFE INSURANCE COMPANY EIN 13-4119477 NONE | Insurance services Service code 23 | 360 HAMILTON AVENUE 210 WHITE PLAINS, NY 10601 | $40K |
| SUMMIT ACTUARIAL SERVICES NONE | Actuarial Service code 11 | 11 RACQUET ROAD NEWBURGH, NY 12550 | $39K |
| JACQUELYN MONGELLI NONE | Employee (plan) Service code 30 | 5 COLLETTA LANE MARLBORO, NY 12542 | $33K |
| ZENITH AMERICAN SOLUTIONS NONE | Plan Administrator Service code 14 | 302 KNIGHTS RUN AVE TAMPA, FL 33602 | $27K |
| SPECTRUM PENSION AND COMPENSATION EIN 14-1764716 NONE | Consulting (pension) Service code 17 | 11 RACQUET ROAD NEWBURGH, NY 12550 | $22K |
| COMPUDAT SERVICES INC NONE | Other fees Service code 99 | 259 MAIN ST NEW PALTZ, NY 12561 | $17K |
| CHRISTOPHER J. CERONE NONE | Employee (plan) Service code 30 | 44 BINGHAM ROAD MARLBORO, NY 12542 | $12K |
| LISA ARGENIO NONE | Employee (plan) Service code 30 | 34 SESAME ST ROCK TAVERN, NY 12575 | $7K |
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 | 616 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 69 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 685 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | 545 | $41K |
| Short-term disability | THE STANDARD TEMPORARY DISABILITY INSURANCE OF NEW YORK | 25 | $6K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 545 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.