| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GRINSPEC OF NJ DBA CENTRIC BENEFITS3 Filed as: GRINSPEC | 219 SOUTH STREET STE 102 NEW PROVIDENCE, NJ 07974 | CIGNA GROUP INSURANCE | $20K | — | $20K | 5.00% |
| GRINSPEC OF NJ DBA CENTRIC BENEFITS3 Filed as: GRINSPEC | 219 SOUTH STREET STE 102 NEW PROVIDENCE, NJ 07974 | CIGNA GROUP INSURANCE | $11K | — | $11K | 5.00% |
| GRINSPEC OF NJ DBA CENTRIC BENEFITS3 Filed as: GRINSPEC | 219 SOUTH STREET STE 102 NEW PROVIDENCE, NJ 07974 | CIGNA GROUP INSURANCE | $18K | — | $18K | 10.00% |
| GRINSPEC OF NJ DBA CENTRIC BENEFITS3 Filed as: GRINSPEC | 219 SOUTH STREET STE 102 NEW PROVIDENCE, NJ 07974 | CIGNA GROUP INSURANCE | $7K | — | $7K | 5.00% |
| GRINSPEC OF NJ DBA CENTRIC BENEFITS3 Filed as: GRINSPEC | 219 SOUTH STREET STE 102 NEW PROVIDENCE, NJ 07974 | CIGNA GROUP INSURANCE | $2K | — | $2K | 5.00% |
| GRINSPEC OF NJ DBA CENTRIC BENEFITS3 Filed as: GRINSPEC | 219 SOUTH STREET STE 102 NEW PROVIDENCE, NJ 07974 | CIGNA GROUP INSURANCE | $4K | — | $4K | 15.00% |
| GRINSPEC OF NJ DBA CENTRIC BENEFITS3 Filed as: GRINSPEC | 219 SOUTH STREET STE 102 NEW PROVIDENCE, NJ 07974 | CIGNA GROUP INSURANCE | $964 | — | $964 | 5.00% |
| GRINSPEC OF NJ DBA CENTRIC BENEFITS3 Filed as: GRINSPEC OF NJ INC DBA CE. | 219 SOUTH STREET STE 102 NEW PROVIDENCE, NJ 07974 | CIGNA GROUP INSURANCE | $166 | — | $166 | 5.01% |
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 | 1,078 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,078 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(4 contracts) | CIGNA GROUP INSURANCE | 1,399 | $370K |
| Short-term disability(3 contracts) | CIGNA GROUP INSURANCE | 1,032 | $447K |
| Long-term disability | CIGNA GROUP INSURANCE | 1,399 | $220K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,399 | — |
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.