| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $42K | — | $42K | 9.98% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $386K | — | $386K | 100.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $358K | — | $358K | 100.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $338K | — | $338K | 100.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $20K | — | $20K | 19.98% |
| WINSTON FINANCIAL SERVICE INC.3 Filed as: WINSTON FINANCIAL SERVICES (183346) | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $7K | — | $7K | 10.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 3.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $29 | — | $29 | 2.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HORIZON HEALTHCARE SERVICES, INC. EIN 22-0999690 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $1.0M |
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 ADMIN SERVICE FEESDENTAL | Participant communication; Claims processing; Other services; Float revenue; Direct payment from the plan; Non-monetary compensation; Contract Administrator; Named fiduciary Service code 12 | — | $98K |
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 | 3,292 | 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) | 3,292 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | KAISER FOUNDATION HEALTH PLAN OF HAWAII | 2 | $10K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 3,958 | $424K |
| Short-term disability(3 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 1,394 | $537K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 1,224 | $358K |
| Other(4 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 3,958 | $831K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,958 | — |
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.