| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PAUL D. SHAINHEIT3 | 3 PRICKETT LANE HAINESPORT, NJ 08036 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | $55K | $55K | 3.53% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY, INC. | 1787 SENTRY PKWY SUITE 320 BLUE BELL, PA 19422 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | $31K | $31K | 2.00% |
| OMNI MANAGED HEALTH, INC.3 Filed as: OMNI MANAGED HEALTH, INC | 3877 FLATLANDS AVENUE BROOKLYN, NY 11234 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $0 | $16K | $16K | 1.04% |
| EMERSON REID LLC3 | 1787 SENTRY PKWAY W SUITE 320 BLUE BELL, PA 19422 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | $0 | $4K | 3.43% |
| AXA ASSISTANCE, USA3 Filed as: PAUL D SHAINHEIT, C/O GHA FINANCIAL | 90 WOODBRIDGE CENTER DRIVE WOODBRIDGE, NJ 07095 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | $0 | $3K | 2.57% |
| JONATHAN R MASSEY3 Filed as: JONATHAN R MASSEY C/O GHA FINANCIAL | 90 WOODBRIDGE CENTER DRIVE 7TH FLOOR WOODBRIDGE, NJ 07095 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | $0 | $2K | 2.05% |
| EMERSON REID LLC3 | 350 FIFTH AVENUE SUITE 3700 NEW YORK, NY 10018 | HARTFORD LIFE AND ACCIDENT | $8K | $4K | $11K | 14.45% |
| USI INSURANCE SERVICES LLC3 | 601 UNION ST SUITE 1000 SEATTTLE, WA 98101 | HARTFORD LIFE AND ACCIDENT | $0 | $1K | $1K | 1.65% |
| USI INSURANCE SERVICES LLC3 | 470 PARK AVE SOUTH 6TH FLOOR NEW YORK, NY 10016 | HARTFORD LIFE AND ACCIDENT | $0 | $1K | $1K | 1.46% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO. | 669 RIVER DRIVE SUITE 305 ELMWOOD PARK, NJ 07407 | VISION SERVICE PLAN | $830 | $0 | $830 | 6.81% |
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 | 153 | 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) | 153 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 139 | $1.6M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 201 | $108K |
| Vision | VISION SERVICE PLAN | 127 | $12K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 163 | $77K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 163 | $77K |
| Other | HARTFORD LIFE AND ACCIDENT | 163 | $77K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 201 | — |
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.