| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT VENTURES CORP3 | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | UNITEDHEALTHCARE INSURANCE COMPANY | $26K | — | $26K | 0.89% |
| BENEFIT VENTURES CORP3 | 1460 US HIGHWAY 9 NORTH #304 WOODBRIDGE, NJ 07095 | UNITEDHEALTHCARE INSURANCE COMPANY | — | $18K | $18K | 0.60% |
| BENEFIT VENTURES CORP3 Filed as: BENEFIT VENTURES CORP. | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $17K | $868 | $18K | 14.39% |
| BENEFIT VENTURES CORP3 Filed as: BENEFIT VENTURES CORP. | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $11K | $547 | $11K | 14.77% |
| BENEFIT VENTURES CORP3 Filed as: BENEFIT VENTURES CORP. | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $11K | $547 | $11K | 14.77% |
| BENEFIT VENTURES CORP3 Filed as: BENEFIT VENTURES CORP. | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | $474 | $4K | 5.42% |
| BENEFIT VENTURES CORP3 Filed as: BENEFIT VENTURES CORP. | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | UNUM INSURANCE COMPANY | $6K | $316 | $7K | 14.25% |
| BENEFIT VENTURES CORP3 Filed as: BENEFIT VENTURES CORP. | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | UNUM INSURANCE COMPANY | $3K | $295 | $3K | 13.49% |
| BENEFIT VENTURES CORP3 Filed as: BENEFIT VENTURES CORP. | 1460 ROUTE 9 NORTH SUITE 304 WOODBRIDGE, NJ 07095 | UNUM INSURANCE COMPANY | $3K | $341 | $4K | 14.86% |
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 | 716 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 4 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 724 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | BIND BENEFITS, INC. DBA SUREST | 1,417 | $7.2M |
| Dental | UNITEDHEALTHCARE INSURANCE COMPANY | 1,417 | $2.9M |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 1,417 | $2.9M |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,913 | $197K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 257 | $78K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 257 | $78K |
| Other(5 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,913 | $295K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,913 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.