| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ADVANCED BENEFIT CONCEPTS OF CHERRY3 Filed as: ADVANCED BEN CONCEPTS OF CHERRY | 700 E GATE DR STE 115 MOUNT LAUREL, NJ 08054 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $16K | — | $16K | 6.00% |
| ADVANCED BENEFIT CONCEPTS OF CHERRY3 Filed as: ADVANCED BEN CONCEPTS OF CHERRY | 413 MARLTON PIKE E STE 300 CHERRY HILL, NJ 08034 | UNITED OF OMAHA LIFE INSURANCE COMPANY | — | $7K | $7K | 2.51% |
| ADVANCED BENEFIT CONCEPTS OF CHERRY3 Filed as: ADVANCED BEN CONCEPTS OF CHERRY HIL | 700 E GATE DR STE 115 CHERRY HILL, NJ 080543803 | VISION SERVICE PLAN | $509 | — | $509 | 2.05% |
| KISTLER TIFFANY BENEFITS3 Filed as: KISTLER TIFFANY BENEFITS GEN AGENCY | 899 CASSATT RD STE 200 BERWYN, PA 193121190 | VISION SERVICE PLAN | $231 | — | $231 | 0.93% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| GREYSTONE CONSULTING NONE | Direct payment from the plan; Investment management Service code 28 | 300 CAMPUS DRIVE FLORAM PARK, NJ 07932 | $70K |
| BDO USA, P.C. EIN 13-5381590 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $32K |
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 | 244 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 278 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 522 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 201 | $25K |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 487 | $269K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 487 | — |
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.