| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GILBERT CARRARA INSURANCE AGENCY3 | 466 SOUTHERN BLVD WASHINGTON BLDG 2ND FL CHATHAM, NJ 07928 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $78K | — | $78K | 17.52% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BLVD 2ND FL HAUPPAUGE, NY 11788 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $33K | $33K | 7.36% |
| GILBERT CARRARA INSURANCE AGENCY3 | 466 SOUTHERN BLVD WASHINGTON BLDG 2ND FL CHATHAM, NJ 07928 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (CIGNA) | $12K | — | $12K | 7.22% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (CIGNA) | — | $6K | $6K | 3.59% |
| ERIC CARRARA3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING 2ND FLOOR CHATHAM, NJ 07928 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | — | $4K | 9.17% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $2K | $2K | 5.00% |
| ERIC CARRARA3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING 2ND FLOOR CHATHAM, NJ 07928 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 8.99% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $1K | $1K | 5.00% |
| ERIC CARRARA3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING 2ND FLOOR CHATHAM, NJ 07928 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | — | $1K | 10.00% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $639 | $639 | 5.00% |
| ERIC CARRARA3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING 2ND FLOOR CHATHAM, NJ 07928 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $563 | — | $563 | 12.01% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $234 | $234 | 4.99% |
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 | 155 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 2 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 157 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 121 | $444K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (CIGNA) | 155 | $160K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (CIGNA) | 155 | $160K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 156 | $25K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 42 | $13K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 156 | $48K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 156 | $5K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 156 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.