| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JAMES R NELLIGAN & ASSOCIATES LLC3 | 1060 BROADWAY SUITE 400 ALBANY, NY 12204 | SHELTERPOINT LIFE INSURANCE COMPANY | $10K | — | $10K | 15.00% |
| MARK REDDINGTON3 | 186 WOOD AVE SOUTH STE 301 ISELIN, NJ 08830 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | $2K | — | $2K | 11.53% |
| BENEFITMALL3 | 12404 PARK CENTRAL DR SUITE 400S DALLAS, TX 75251 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | — | $883 | $883 | 4.60% |
| MARK REDDINGTON3 | 186 WOOD AVE SOUTH STE 301 ISELIN, NJ 08830 | SUN LIFE ASSURANCE COMPANY OF CANADA | $2K | — | $2K | 14.32% |
| CENTERSTONE INSURANCE AND FINANCIAL3 | 354 EISENHOWER PKWY SUITE 2850 LIVINGSTON, NJ 07039 | SUN LIFE ASSURANCE COMPANY OF CANADA | $867 | — | $867 | 5.00% |
| EDGEWOOD PARTNERS INSURANCE CENTER3 | 40 MARCUS DRIVE 3RD FLOOR MELVILLE, NY 11747 | SHELTERPOINT LIFE INSURANCE COMPANY | $174 | — | $174 | 19.42% |
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 | 143 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 143 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 143 | $19K |
| Short-term disability(3 contracts, 2 carriers) | SHELTERPOINT LIFE INSURANCE COMPANY | 143 | $83K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 143 | $17K |
| Other | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 143 | $19K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 143 | — |
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.