| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CONTEMPORARY STRATEGIC SOLUTIONS3 | 19 WILLOW LANE SPRING LAKE HEIG, NJ 07762 | SYMETRA LIFE INSURANCE COMPANY | $21K | — | $21K | 10.00% |
| CAMPBELL PETRIE, INC.3 Filed as: CAMPBELL PETRIE INC. | 570 W MOUNT PLEASANT AVENUE LIVINGSTON, NJ 07039 | GERBER LIFE INSURANCE COMPANY | $19K | — | $19K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY EIN 06-6033492 NONE | Contract Administrator Service code 13 | 151 FARMINGTON AVENUE HARTFORD, CT 06156 | $386K |
| KARLEEN O NEILL EIN 22-2586287 NONE | Employee (plan) Service code 30 | 440 BARELL AVENUE CARLSTADT, NJ 07072 | $123K |
| THE SEGAL COMPANY EIN 13-1835864 NONE | Actuarial Service code 11 | 333 WEST 34TH STREET NEW YORK, NY 10001 | $84K |
| VIRGINIA OLSEN EIN 22-2586287 NONE | Employee (plan) Service code 30 | 440 BARELL AVENUE CARLSTADT, NJ 07072 | $83K |
| STEPHANIE GENTILE EIN 22-2586287 NONE | Employee (plan) Service code 30 | 440 BARELL AVENUE CARLSTADT, NJ 07072 | $73K |
| CIGNA HEALTH & LIFE INSURANCE COMP, EIN 59-1031071 NONE | Participant communication; Named fiduciary; Non-monetary compensation; Float revenue; Other services; Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | — | $48K |
| MANFRE CPA P.C. EIN 61-1632657 NONE | Accounting (including auditing) Service code 10 | 84 BUSINESS PARK DRIVE ARMONK, NY 10504 | $40K |
| HI-TECH NERDS LLC EIN 20-2514135 NONE | Consulting (general) Service code 16 | PO BOX 44 CARLSTADT, NJ 07072 | $32K |
| BOYD WATTERSON GSA FUND, LP EIN 45-2061717 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | 500 W MONROE ST STE 3850 CHICAGO, IL 60661 | $24K |
| FIFTH THIRD BANK EIN 62-1376024 NONE | Investment advisory (plan) Service code 27 | 5050 KINGSLEY DRIVE CINCINNATI, OH 45263 | $23K |
| CLEARY, JOSEM & TRIGIANI LLP EIN 23-2657967 NONE | Legal Service code 29 | 325 CHESTNUT STREET SUITE 200 PHILADELPHIA, PA 19106 | $18K |
| SYNTONIC SYSTEMS INC. EIN 13-2925049 NONE | Consulting (general) Service code 16 | 80 EIGHT AVENUE NEW YORK, NY 10011 | $18K |
| MSPC, CPAS EIN 22-2951202 NONE | Accounting (including auditing) Service code 10 | 340 NORTH AVENUE CRANFORD, NJ 070162496 | $5K |
| THOMAS P. REYNOLDS EIN 11-2558102 NONE | Investment advisory (plan) Service code 27 | 410 JERICHO TURNPIKE JERICHO, NY 11753 | $5K |
| CIGNA 59-1031071 | Float revenue; Participant communication; Direct payment from the plan; Other services; Named fiduciary; Contract Administrator; Claims processing; Non-monetary compensation Service code 12 | — | $0 |
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 | 471 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 400 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 871 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SYMETRA LIFE INSURANCE COMPANY | 793 | $210K |
| Stop-loss / reinsurancereinsurance | GERBER LIFE INSURANCE COMPANY | 531 | $192K |
| Other | SYMETRA LIFE INSURANCE COMPANY | 793 | $210K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 793 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.