| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL | UNKNOWN CRANBURY, NJ 08512 | CIGNA HEALTH AND LIFE INSURANCE AND AFFILIATES | $28K | $0 | $28K | 7.65% |
| FINA INSURANCE SERVICES, INC.3 | UNKNOWN CRANBURY, NJ 08512 | CIGNA HEALTH AND LIFE INSURANCE AND AFFILIATES | $0 | $1K | $1K | 0.29% |
| GREATER METRO AGENCY INC3 Filed as: GREATER METRO AGENCY, INC. | UNKNOWN CRANBURY, NJ 08512 | CIGNA HEALTH AND LIFE INSURANCE AND AFFILIATES | $0 | -$21 | -$21 | -0.01% |
| INSURANCE & INVESTMENT ADVISORY GRP3 | UNKNOWN CRANBURY, NJ 08512 | CIGNA HEALTH AND LIFE INSURANCE AND AFFILIATES | -$168 | $0 | -$168 | -0.05% |
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL | 3 PARKWAY NORTH BOULEVARD SUITE 500 DEERFIELD, IL 60015 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $51K | $431 | $52K | 15.13% |
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL | 3 PARKWAY NORTH BOULEVARD SUITE 500 DEERFIELD, IL 60015 | VISION SERVICE PLAN | $5K | $0 | $5K | 9.17% |
| DESARNO BENEFITS LLC3 Filed as: DESARNO BENEFITS, LLC | 729 RAYMERE AVENUE INTERLAKEN, NJ 07712 | CONTINENTAL AMERICAN INSURANCE COMPANY | $8K | $0 | $8K | 25.44% |
| GCG FINANCIAL LLC3 Filed as: GCG FINANCIAL | 3 PARKWAY NORTH BOULEVARD SUITE 500 DEERFIELD, IL 60015 | CONTINENTAL AMERICAN INSURANCE COMPANY | $2K | $0 | $2K | 6.58% |
| ROSE M SUDANO3 | 74 KNOX LANE MANALAPAN, NJ 07726 | CONTINENTAL AMERICAN INSURANCE COMPANY | $1K | $0 | $1K | 4.47% |
| JOHN T CAPOZZI3 | 242 WICKERBERRY DRIVE MIDDLETOWN, DE 19709 | CONTINENTAL AMERICAN INSURANCE COMPANY | $43 | $0 | $43 | 0.15% |
| MICHAEL C WALKER3 Filed as: MICHAEL J DESARNO | 729 RAYMERE AVENUE INTERLAKEN, NJ 07712 | CONTINENTAL AMERICAN INSURANCE COMPANY | $5 | $0 | $5 | 0.02% |
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 | 905 | 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) | 905 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE AND AFFILIATES | 905 | $371K |
| Vision | VISION SERVICE PLAN | 450 | $50K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 905 | $343K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 905 | $343K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 905 | $343K |
| Other(2 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 905 | $373K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 905 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.