| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUDSON WEALTH MANAGEMENT LLC3 | 30 BROAD STREET SUITE 2 RED BANK, NJ 07701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $48K | — | $48K | 12.48% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC. | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $19K | $19K | 4.84% |
| HUDSON WEALTH MANAGEMENT LLC3 | 30 BROAD STREET SUITE 2 RED BANK, NJ 07701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $31K | — | $31K | 14.88% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $10K | $10K | 4.96% |
| HUDSON WEALTH MANAGEMENT LLC3 Filed as: HUDSON WEALTH MANAGEMENT, LLC | 30 BROAD STREET SUITE 2 RED BANK, NJ 07701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $14K | — | $14K | 14.86% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC. | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $5K | $5K | 4.95% |
| HUDSON WEALTH MANAGEMENT LLC3 | 30 BOARD STREET SUITE 2 RED BANK, NJ 07701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | — | $2K | 7.55% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $1K | $1K | 4.59% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HORIZON HEALTHCARE SERVICES INC EIN 22-0999690 ADMINISTRATOR | Contract Administrator Service code 13 | — | $476K |
| HUDSON WEALTH MANAGEMENT LLC BROKER | Insurance agents and brokers Service code 22 | 30 BROAD STREET RED BANK, NJ 07701 | $92K |
| CORESOURCE INC EIN 35-1846036 NONE | Claims processing; Plan Administrator; Other services Service code 12 | — | $71K |
| VISION SERVICE PLAN EIN 06-1227840 NONE | Other services; Claims processing Service code 12 | — | $14K |
| GUARDIAN DENTAL EIN 13-5123390 NONE | Other services; Claims processing Service code 12 | — | $14K |
| HUDSON WEALTH MANAGEMENT EIN 20-8439631 NONE | Consulting (general); Insurance agents and brokers Service code 16 | — | $11K |
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 | 2,067 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,067 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,161 | $477K |
| Short-term disability(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,161 | $415K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 297 | $206K |
| Other(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,161 | $477K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,161 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.