| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JOSHUA PAUL GROUP INC3 Filed as: JOSHUA P SMITH | 125 BELLOWS LN NEW CITY, NY 10956 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $67K | $67K | 3.01% |
| CENTERTONE INS & FIN SERV3 Filed as: CENTERTONE INS & FIN SERV NY | 1133 WESTCHESTER AVE SUITE 229 WHIITE PLAINS, NY 10604 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $44K | $44K | 2.00% |
| JOSHUA PAUL GROUP INC3 Filed as: JOSHUA P SMITH | — | GUARDIAN | $19K | — | $19K | 6.18% |
| JOSHUA PAUL GROUP INC3 Filed as: JOSHUA P SMITH | 510 ROUTE 304 SUITE 200 NEW CITY, NY 10956 | EYEMED VISION CARE | $2K | — | $2K | 10.05% |
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 | 181 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 181 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 181 | $2.2M |
| Dental | GUARDIAN | 242 | $305K |
| Vision | EYEMED VISION CARE | 385 | $18K |
| Life insurance | GUARDIAN | 242 | $305K |
| Long-term disability | GUARDIAN | 242 | $305K |
| Other | GUARDIAN | 242 | $305K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 385 | — |
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.