| 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 | $17K | — | $17K | 3.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $52K | — | $52K | 9.97% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $12K | — | $12K | 3.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $37K | — | $37K | 10.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $36K | — | $36K | 20.00% |
| 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 | $8K | — | $8K | 10.00% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | — | $1K | 3.00% |
| WINSTON FINANCIAL SERVICES3 Filed as: WINSTON FINANCIAL SERVICES INC | 2399 HIGHWAY 32 BUILDING C2 MANASQUAN, NJ 08736 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $1K | — | $1K | 14.08% |
| WINSTON FINANCIAL SERVICES3 | 2399 HIGHWAY 32ND BLDG C2 MANASQUAN, NJ 08736 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $13 | — | $13 | 3.05% |
| 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 | Claims processing; Direct payment from the plan; Contract Administrator; Float revenue; Other services; Named fiduciary; Participant communication; Non-monetary compensation 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 | 3,240 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 28 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 3,268 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | KAISER FOUNDATION HEALTH PLAN OF HAWAII | 2 | $14K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 99 | $9K |
| Vision | EYEMED | 2,640 | $137K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 3,863 | $521K |
| Short-term disability(3 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 1,305 | $788K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 1,018 | $373K |
| Other(4 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 3,863 | $981K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,863 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.