| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEPHEN LOURO3 Filed as: STEPHEN MICHAEL LOURO | 225 WIRELESS BOULEVARD, 2ND FLOOR HAUPPAUGE, NY 11788 | BLUE CROSS BLUE SHIELD OF FLORIDA | $178K | $0 | $178K | 9.22% |
| MANCHESTER BENEFITS GROUP INC3 Filed as: MANCHESTER BENEFITS GROUP, INC. | PO BOX 607 MILLBROOK, NY 12545 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | $0 | $8K | 10.52% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC. | 225 WIRELESS BOULEVARD HAUPPAUGE, NY 11788 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $4K | $4K | 5.46% |
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 | 140 | 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) | 140 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF FLORIDA | 91 | $1.9M |
| Dental | BLUE CROSS BLUE SHIELD OF FLORIDA | 91 | $1.9M |
| Vision | BLUE CROSS BLUE SHIELD OF FLORIDA | 91 | $1.9M |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 167 | $78K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 167 | $78K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 167 | $78K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF FLORIDA | 91 | $1.9M |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 167 | $78K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 167 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.