| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| COASTAL BENEFITS3 | 150 RIVER ROAD E3 MONTVILLE, NJ 07054 | HORIZON HEALTHCARE SERVICES INC | $39K | — | $39K | 4.81% |
| COASTAL BENEFITS3 Filed as: COASTAL FINANCIAL GROUP INC | 150 RIVER ROAD SUITE E3 MONTVILLE, NJ 07045 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $4K | — | $4K | 7.22% |
| INTERNL PLANNING ALL LLC3 | 300 BROADACRES DRIVE SUITE 175 BLOOMFIELD, NJ 07003 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $78 | — | $78 | 0.14% |
| MICHAEL C WALKER3 Filed as: MICHAEL J DESARNO | 1901 STATE ROUTE 71 STE 3B WALL, NJ 07719 | AFLAC | $2K | — | $2K | 23.26% |
| DESARNO BENEFITS LLC3 | 1901 STATE ROUTE 71 STE 3B WALL, NJ 07719 | AFLAC | $187 | — | $187 | 2.28% |
| ROSE M SUDANO3 | 74 KNOX LANE MANALAPAN, NJ 07726 | AFLAC | $160 | — | $160 | 1.95% |
| RACHAEL FERRANTE3 | 44 BERKSHIRE DR HOWELL, NJ 07731 | AFLAC | $128 | — | $128 | 1.56% |
| JOHN T CAPOZZI3 | 242 WICKERBERRY DRIVE MIDDLETOWN, DE 19709 | AFLAC | $119 | — | $119 | 1.45% |
| ANDBEE CORP3 | 439 GENESEE CT SUFFERN, NY 10901 | AFLAC | $44 | — | $44 | 0.54% |
| RUSSELL T BARRETT3 | 27 JULIANS WAY SARATOGA SPRINGS, NY 12866 | AFLAC | $19 | — | $19 | 0.23% |
| GAIL R BERGER | 118 TOWER HILL DRIVE RED BANK, NJ 07701 | AFLAC | $5 | — | $5 | 0.06% |
| DOMINICK R SIRACUSA3 | 225 DOLSON AVE STE 304 MIDDLETOWN, NY 10940 | AFLAC | $3 | — | $3 | 0.04% |
| MELISSA A SCHOFIELD3 | 910 W KATHLEEN ROAD PHOENIX, CT 85023 | AFLAC | $1 | — | $1 | 0.01% |
| DESARNO BENEFITS LLC3 | 1901 STATE ROUTE 71 STE B WALL, NJ 07719 | AFLAC | $226 | — | $226 | 5.47% |
| ROSE M SUDANO3 | 74 KNOX LANE MANALAPAN, NJ 07726 | AFLAC | $100 | — | $100 | 2.42% |
| RACHAEL FERRANTE3 | 44 BERKSHIRE DR HOWELL, NJ 07731 | AFLAC | $39 | — | $39 | 0.94% |
| JOHN T CAPOZZI3 | 242 WICKERBERRY DRIVE MIDDLETOWN, DE 19709 | AFLAC | $24 | — | $24 | 0.58% |
| MICHAEL BUTTERFIELD3 | 33 FISHING CREEK ROAD CAPE MAY COURT HOUSE, NJ 08210 | AFLAC | $21 | — | $21 | 0.51% |
| BARBARA A HAWES3 | 21 MAPLE LANE UNIT D BRIELLE, NJ 08730 | AFLAC | $20 | — | $20 | 0.48% |
| MICHAEL C WALKER3 Filed as: MICHAEL J DESARNO | 1901 STATE ROUTE 71 SUITE 3B WALL, NJ 07719 | AFLAC | $18 | — | $18 | 0.44% |
| ADAM MAGGIO3 | 1025 MAXWELL LANE APT 902 HOBOKEN, NJ 07030 | AFLAC | $11 | — | $11 | 0.27% |
| GAIL R BERGER3 | 118 TOWEL HILL DRIVE RED BANK, NJ 07701 | AFLAC | $4 | — | $4 | 0.10% |
| BRIAN M LEYPOLDT3 | 67 ALLISON PL EGG HARBOR TWP, NJ 08234 | AFLAC | $3 | — | $3 | 0.07% |
| TIMOTHY MCDERMOTT3 | 29 MAPLE LANE MT ARLINGTON, NJ 07856 | AFLAC | $2 | — | $2 | 0.05% |
| WORTHAM SAN ANTONIO INC3 Filed as: JOHN A PITUCH | PO BOX 335 SPARTA, NJ 07871 | AFLAC | $2 | — | $2 | 0.05% |
| ALBERT SHUST3 | 200 CENTENNIAL AVE ST 105 PISCATAWAY, NJ 08854 | AFLAC | $1 | — | $1 | 0.02% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WELLPOWER INC EIN 22-3530108 NONE | Claims processing Service code 12 | 150 RIVER ROAD MONTVILLE, NJ 07045 | $16K |
| COASTAL FINANCIAL GROUP EIN 22-3211956 NONE | Insurance agents and brokers Service code 22 | 150 RIVER ROAD MONTVILLE, NJ 07045 | $3K |
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 | 71 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 71 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES INC | 71 | $808K |
| Dental(3 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 61 | $66K |
| Vision | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 61 | $54K |
| Life insurance(2 contracts) | AFLAC | 8 | $12K |
| Short-term disability(2 contracts) | AFLAC | 8 | $12K |
| Long-term disability(2 contracts) | AFLAC | 8 | $12K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 71 | — |
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.
Final-filing indicator set. Plan is winding down; don't waste sales effort here.