| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ONE GROUP NY INC3 | 706 NORTH CLINTON STREET SYRACUSE, NY 13204 | NEW YORK LIFE GROUP BENEFITS SOLUTIONS | $57K | $0 | $57K | 9.07% |
| NATIONAL BENEFIT CENTER3 | 6830 COCHRAN ROAD SOLON, OH 44139 | NEW YORK LIFE GROUP BENEFITS SOLUTIONS | $0 | $11K | $11K | 1.81% |
| JAMES R NELLIGAN & ASSOCIATES LLC3 Filed as: JAMES R NELLIGAN & ASSOCI | 2338 IMMOKALEE ROAD SUITE 240 NAPLES, FL 34110 | NEW YORK LIFE GROUP BENEFITS SOLUTIONS | $0 | $2K | $2K | 0.28% |
| ONE GROUP NY INC3 | 706 NORTH CLINTON STREET SYRACUSE, NY 13204 | CIGNA LIFE INSURANCE CO. OF NEW YORK | $5K | $0 | $5K | 3.67% |
| NATIONAL BENEFIT CENTER3 | 6830 COCHRAN ROAD SOLON, OH 44139 | CIGNA LIFE INSURANCE CO. OF NEW YORK | $0 | $5K | $5K | 3.40% |
| JAMES R NELLIGAN & ASSOCIATES LLC3 Filed as: JAMES R NELLIGAN & ASSOCI | 2338 IMMOKALEE ROAD SUITE 240 NAPLES, FL 34110 | CIGNA LIFE INSURANCE CO. OF NEW YORK | $0 | $936 | $936 | 0.65% |
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 | 297 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 297 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | NEW YORK LIFE GROUP BENEFITS SOLUTIONS | 2,315 | $775K |
| Short-term disability | CIGNA LIFE INSURANCE CO. OF NEW YORK | 0 | $145K |
| Long-term disability(2 contracts, 2 carriers) | NEW YORK LIFE GROUP BENEFITS SOLUTIONS | 2,315 | $775K |
| Other(2 contracts, 2 carriers) | NEW YORK LIFE GROUP BENEFITS SOLUTIONS | 2,315 | $775K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,315 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.