| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC. | 225 WIRELESS BLVD HAUPPAUGE, NY 11788 | AMERIHEALTH INSURANCE COMPANY | $101K | — | $101K | 6.64% |
| NORTHWESTERN BENEFITS SER3 | 713 ALEXANDER ROAD SUITE 300 PRINETON, NJ 08541 | GUARDIAN | $3K | — | $3K | 3.42% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BLVD. SUITE 200 HAUPPAUGE, NY 11788 | GUARDIAN | $3K | — | $3K | 2.99% |
| QUANTUM STRATEGIES3 | 12 REGENCY PLAZA GLEN MILLS, PA 19342 | GUARDIAN | $206 | — | $206 | 0.21% |
| BORDEN PERLMAN INS AGCY INC3 Filed as: BORDEN PERLMAN INSURANCE AGENCY | 250 PHILLIPS BLVD SUITE 280 EWING, NJ 08618 | AETNA LIFE INSURANCE CO. | $4K | — | $4K | 5.85% |
| M3 INSURANCE SOLUTIONS INC3 Filed as: THE BORDEN PERLMAN INSURANC AGENCY | 250 PHILLIPS BLVD. STE. 280 EWING, NJ 08618 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $1K | — | $1K | 10.80% |
| PROFESSIONNAL GROUP PLANS INC.3 | 225 WIRELESS BLVD 2ND FLOOR HAUPPAUGE, NY 11788 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $530 | — | $530 | 5.40% |
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 | 151 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 151 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AMERIHEALTH INSURANCE COMPANY | 106 | $1.5M |
| Dental(2 contracts, 2 carriers) | GUARDIAN | 187 | $170K |
| Vision(2 contracts, 2 carriers) | GUARDIAN | 187 | $170K |
| Life insurance | GUARDIAN | 146 | $100K |
| Prescription drug | AMERIHEALTH INSURANCE COMPANY | 106 | $1.5M |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 26 | $10K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 187 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.