| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEPHEN LOURO3 | C/O PROFESSIONAL GROUP PLANS 225 WIRELESS BOULEVARD FLOOR 2 HAUPPAUGE, NY 11788 | OXFORD HEALTH INSURANCE, INC. | $81K | — | $81K | 3.53% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | OXFORD HEALTH INSURANCE, INC. | — | $21K | $21K | 0.90% |
| GILBERT CARRARA INSURANCE AGENCY3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING, 2ND FLOOR CHATHAM, NJ 07928 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $13K | — | $13K | 7.29% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD 2ND FLOOR HAUPPAUGE, NY 11788 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $6K | $6K | 3.50% |
| ERIC CARRARA3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING 2ND FLOOR CHATHAM, NJ 07928 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $5K | — | $5K | 7.63% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $3K | $3K | 4.64% |
| ERIC CARRARA3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING 2ND FLOOR CHATHAM, NJ 07928 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 7.19% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $704 | $2K | $3K | 6.54% |
| ERIC CARRARA3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING 2ND FLOOR CHATHAM, NJ 07928 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 9.97% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $725 | $725 | 4.60% |
| ERIC CARRARA3 | 466 SOUTHERN BOULEVARD WASHINGTON BUILDING 2ND FLOOR CHATHAM, NJ 07928 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $888 | — | $888 | 12.00% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $342 | $342 | 4.62% |
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 | 189 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 2 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 192 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | OXFORD HEALTH INSURANCE, INC. | 312 | $2.3M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 170 | $172K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 170 | $172K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 177 | $46K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 45 | $16K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 177 | $60K |
| Other(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 177 | $53K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 312 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.