| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CONTEMPORARY STRATEGIC SOLUTIONS3 | 11 WARRENTON LANE COLTS NECK, NJ 07722 | GARDEN STATE LIFE INSURANCE COMPANY | $22K | — | $22K | 6.00% |
| CONTEMPORARY STRATEGIC SOLUTIONS3 | 19 WILLOW LANE SPRING LAKE HEIG, NJ 07762 | SYMETRA LIFE INSURANCE COMPANY | $20K | — | $20K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY EIN 06-6033492 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | 151 FARMINGTON AVENUE HARTFORD, CT 06156 | $510K |
| KARLEEN O NEILL EIN 22-2586287 NONE | Employee (plan) Service code 30 | 440 BARELL AVENUE CARLSTADT, NJ 07072 | $130K |
| THE SEGAL COMPANY EIN 13-1835864 NONE | Actuarial Service code 11 | 333 WEST 34TH STREET NEW YORK, NY 10001 | $93K |
| VIRGINIA OLSEN EIN 22-2586287 NONE | Employee (plan) Service code 30 | 440 BARELL AVENUE CARLSTADT, NJ 07072 | $89K |
| STEPHANIE GENTILE EIN 22-2586287 NONE | Employee (plan) Service code 30 | 440 BARELL AVENUE CARLSTADT, NJ 07072 | $80K |
| MANFRE CPA P.C. EIN 61-1632657 NONE | Accounting (including auditing) Service code 10 | 84 BUSINESS PARK DRIVE ARMONK, NY 10504 | $47K |
| HI-TECH NERDS LLC EIN 20-2514135 NONE | Consulting (general) Service code 16 | PO BOX 44 CARLSTADT, NJ 07072 | $42K |
| BOYD WATTERSON GSA FUND, LP EIN 45-2061717 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | 500 W MONROE ST STE 3850 CHICAGO, IL 60661 | $27K |
| PART D ADVISORS, INC. EIN 20-2595200 NONE | Other services Service code 49 | 17199 N LAUREL PARK DRIVE SUITE 400 LIVONIA, MI 48152 | $26K |
| CIGNA HEALTH & LIFE INSURANCE COMP, EIN 59-1031071 NONE | Non-monetary compensation; Contract Administrator; Float revenue; Claims processing; Named fiduciary; Direct payment from the plan; Participant communication; Other services Service code 12 | — | $19K |
| SYNTONIC SYSTEMS INC. EIN 13-2925049 NONE | Consulting (general) Service code 16 | 80 EIGHT AVENUE NEW YORK, NY 10011 | $19K |
| CLEARY, JOSEM & TRIGIANI LLP EIN 23-2657967 NONE | Legal Service code 29 | 325 CHESTNUT STREET SUITE 200 PHILADELPHIA, PA 19106 | $18K |
| MSPC, CPAS EIN 22-2951202 NONE | Accounting (including auditing) Service code 10 | 340 NORTH AVENUE CRANFORD, NJ 070162496 | $13K |
| THOMAS P. REYNOLDS EIN 11-2558102 NONE | Investment advisory (plan) Service code 27 | 410 JERICHO TURNPIKE JERICHO, NY 11753 | $5K |
| CIGNA 59-1031071 | Contract Administrator; Direct payment from the plan; Other services; Participant communication; Claims processing; Non-monetary compensation; Named fiduciary; Float revenue 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 | 457 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 383 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 840 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SYMETRA LIFE INSURANCE COMPANY | 769 | $201K |
| Stop-loss / reinsurancereinsurance | GARDEN STATE LIFE INSURANCE COMPANY | 0 | $372K |
| Other | SYMETRA LIFE INSURANCE COMPANY | 769 | $201K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 769 | — |
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.