| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| COASTAL BENEFITS3 | 150 RIVER ROAD SUITE E3 MONTVILLE, NJ 07054 | HORIZON HEALTHCARE SERVICES INC. | $38K | — | $38K | 4.91% |
| COASTAL BENEFITS3 Filed as: COASTAL FINANCIAL GROUP INC | 150 RIVER ROAD SUITE E3 MONTVILLE, NJ 07045 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $4K | — | $4K | 7.51% |
| INTERNL PLANNING ALL LLC3 Filed as: INTERNL PLANNING ALL, LLC | 300 BROADACRES DR SUITE 175 BLOOMFIELD, NH 07003 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $75 | — | $75 | 0.15% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WELLPOWER, INC EIN 22-3530108 NONE | Claims processing Service code 12 | 150 RIVER ROAD MONTIVILLE, NJ 07045 | $14K |
| COASTAL FINANCIAL GROUP, INC EIN 22-3211956 NONE | Insurance agents and brokers Service code 22 | 150 RIVER ROAD MONTIVILLE, NJ 07045 | $2K |
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 | 86 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 86 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES INC. | 86 | $777K |
| Dental | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 62 | $50K |
| Vision | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 62 | $50K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 62 | $50K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 86 | — |
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.