| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC DBA BARKLEY | POX BOX 5086 OXNARD, CA 93031 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $712 | $5K | 2.80% |
| JOSHUA SCHWAB3 | 1251 E 29TH STREET BROOKLYN, NY 11210 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | — | $4K | 2.41% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC DBA SHOMER INS. SVC | PO BOX 5086 OXNARD, CA 93031 | METROPOLITAN LIFE INSURANCE COMPANY | -$17 | — | -$17 | -0.01% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 965 GREENTREE RD STE 110 PITTSBURGH, PA 15220 | METROPOLITAN LIFE INSURANCE COMPANY | — | -$120 | -$120 | -0.07% |
| JOSHUA SCHWAB3 | 1251 E 29TH STREET BROOKLYN, NY 11210 | SAFEGUARD HEALTH PLANS, INC.,A CALIFORNIA CORPORATION | $909 | — | $909 | 9.80% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC DBA BARKLEY | POX BOX 5086 OXNARD, CA 93031 | SAFEGUARD HEALTH PLANS, INC.,A CALIFORNIA CORPORATION | $589 | $61 | $650 | 7.01% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 965 GREENTREE RD STE 110 PITTSBURGH, PA 15220 | SAFEGUARD HEALTH PLANS, INC.,A CALIFORNIA CORPORATION | — | -$16 | -$16 | -0.17% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC DBA SHOMER INS. SVC | 5805 SEPULVEDA BLVD STE 500 SHERMAN OAKS, CA 91411 | SAFEGUARD HEALTH PLANS, INC.,A CALIFORNIA CORPORATION | -$379 | — | -$379 | -4.09% |
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 | 435 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 438 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 501 | $186K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 501 | $177K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 501 | $177K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 501 | $177K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 501 | — |
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.