| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| C HUDSON AND ASSOCIATES3 Filed as: HUDSON WEALTH MANAGEMENT / RED BANK | 30 BROAD STREET SUITE 2 RED BANK, NJ 07701 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $23K | — | $23K | 0.98% |
| HUDSON WEALTH MANAGEMENT LLC3 | 30 BROAD STREET SUITE 2 RED BANK, NJ 07701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $74K | — | $74K | 15.32% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $25K | $25K | 5.11% |
| HUDSON WEALTH MANAGEMENT LLC3 | 30 BROAD STREET SUITE 2 RED BANK, NJ 07701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $37K | — | $37K | 13.91% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $15K | $15K | 5.41% |
| HUDSON WEALTH MANAGEMENT LLC3 | 30 BROAD STREET SUITE 2 RED BANK, NJ 07701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $21K | — | $21K | 15.29% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $7K | $7K | 5.10% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $4K | $4K | 5.00% |
| HUDSON WEALTH MANAGEMENT LLC3 | 30 BROAD STREET SUITE 2 RED BANK, NJ 07701 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $4K | — | $4K | 4.76% |
No Schedule C service providers reported on this filing.
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 | 966 | 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) | 966 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,020 | $405K |
| Short-term disability(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,020 | $348K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 483 | $481K |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 1,948 | $2.3M |
| Other(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,020 | $405K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,948 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.