| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EDUCATORS INSURANCE SERVICES5 | 4000 RT. 66, 1ST FLOOR TINTON FALLS, NJ 07753 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | — | $2.5M | $2.5M | 7.13% |
| EDUCATORS INSURANCE SERVICES3 Filed as: EDUCATORS INSURANCE SERVICES, INC. | 200 MADISON AVENUE SPRING LAKE, NJ 07762 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $200K | — | $200K | 0.57% |
| NJEA REVIEW ADVERTISING5 | C/O BENEFICIAL BANK P.O. BOX 13661 PHILADELPHIA, PA 19101 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | — | $9K | $9K | 0.03% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UNIVERSITY BEHAVIORAL HEALTHCARE EIN 22-1980408 NONE | Direct payment from the plan; Other services Service code 49 | — | $387K |
| NOVAK FRANCELLA LLC EIN 61-1436956 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $7K |
| RC ADVERTISING, INC. NONE | Other services; Direct payment from the plan Service code 49 | 2805 E 26TH STREET APT 2D BROOKLYN, NY 11235 | $6K |
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 | 166,114 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 166,114 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Short-term disability | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 31,511 | $35.0M |
| Long-term disability | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 31,511 | $35.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 31,511 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.