| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BLVD STE 200 HAUPPAUGE, NY 11788 | METROPOLITAN LIFE INSURANCE COMPANY | $9K | $10 | $9K | 4.92% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INS DBA BRIO BENEFITS C | 30 BROAD ST FL 35 NEW YORK, NY 10004 | METROPOLITAN LIFE INSURANCE COMPANY | $7K | $1K | $8K | 4.33% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC | 3 PARKWAY NORTH BLVD STE 500 DEERFIELD, IL 60015 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $712 | $712 | 0.40% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC | 3 PARKWAY NORTH BLVD STE 500 DEERFIELD, IL 60015 | SYMETRA LIFE INSURANCE COMPANY | $15K | $4K | $19K | 12.79% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC | 30 BROAD STREET 35TH FLOOR NEW YORK, NY 10004 | AETNA LIFE INSURANCE CO. | $9K | $0 | $9K | 40.61% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| THE BENECON GROUP EIN 23-1315351 BROKER | Insurance agents and brokers Service code 22 | — | $178K |
| BRIO BENEFIT CONSULTING, AN ALERA G EIN 20-0524504 BROKER | Insurance agents and brokers Service code 22 | — | $119K |
| MERITAIN HEALTH, AN AETNA COMPANY EIN 16-1264154 ADMIN | Claims processing Service code 12 | — | $105K |
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 | 315 | 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) | 315 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 349 | $179K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 349 | $179K |
| Life insurance | SYMETRA LIFE INSURANCE COMPANY | 0 | $150K |
| Short-term disability | SYMETRA LIFE INSURANCE COMPANY | 0 | $150K |
| Long-term disability | SYMETRA LIFE INSURANCE COMPANY | 0 | $150K |
| Stop-loss / reinsurancereinsurance | HM LIFE INSURANCE COMPANY | 250 | $867K |
| Other(2 contracts, 2 carriers) | SYMETRA LIFE INSURANCE COMPANY | 107 | $173K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 349 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.