| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SCHONBERG, THOMAS3 | 8 WOODS LANE RYE, NY 10580 | CIGNA HEALTH AND LIFE INSURANCE CO. | $6K | — | $6K | 4.96% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC. | 225 WIRELESS BLVD, 2ND FLOOR HAUPPAUGE, NY 11788 | CIGNA HEALTH AND LIFE INSURANCE CO. | $0 | $4K | $4K | 3.54% |
| LOURO, STEPHEN3 | PROF GRP. PLANS 225 WIRELESS BLVD. 2ND FLR HAUPPAUGE, NY 11788 | CIGNA HEALTH AND LIFE INSURANCE CO. | $2K | $0 | $2K | 1.24% |
| THOMAS SCHONBERG3 | 8 WOODS LANE ST RYE, NY 10580 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 7.52% |
| STEPHEN LOURO3 | 225 WIRELESS BLVD STE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $392 | $1K | $1K | 6.94% |
| BENEFIT PLANS PLUS3 | 135 FOX RUN EASTON, PA 18042 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $191 | $191 | 0.92% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 100 WALNUT AVE STE 504 CLARK, NJ 07006 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | -$528 | -$528 | -2.53% |
| THOMAS SCHONBERG3 | 8 WOODS LANE ST. RYE, NY 10580 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $96 | — | $96 | 11.97% |
| STEPHEN LOURO3 | 225 WIRELESS BLVD STE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $24 | — | $24 | 2.99% |
| BENEFIT PLANS PLUS3 | 135 FOX RUN EASTON, PA 18042 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $7 | — | $7 | 0.87% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 100 WALNUT AVE SUITE 504 CLARK, NJ 07006 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | -$27 | -$27 | -3.37% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| THOMAS SCHONBERG BROKER | Insurance agents and brokers Service code 22 | 8 WOODS LANE ST RYE, NY 10580 | $28K |
| PROFESSIONAL GROUP PLANS INC. BROKER | Insurance agents and brokers Service code 22 | 225 WIRELESS BLVD, SUITE 200 HAUPPAUGE, NY 11788 | $23K |
| STEPHEN LOURO BROKER | Insurance agents and brokers Service code 22 | 225 WIRELESS BLVD. SUITE 200 HAUPPAUGE, NY 11788 | $7K |
| CIGNA | Claims processing; Contract Administrator; Other services; Named fiduciary; Direct payment from the plan; Participant communication; Float revenue; Non-monetary compensation Service code 12 | — | $0 |
| BENEFIT PLANS PLUS BROKER | Insurance agents and brokers Service code 22 | 135 FOX RUN EASTON, PA 18042 | -$15 |
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 | 100 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 100 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE CO. | 100 | $121K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE CO. | 100 | $121K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 30 | $21K |
| Other(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 30 | $22K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 100 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.