| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BEACON FS LTD3 Filed as: BEACON F.S. LTD | 560 BROADHOLLOW ROAD SUITE 308 MELVILLE, NY 11747 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $78K | — | $78K | 8.21% |
| BEACON FS LTD3 | 1895 WALT WHITMAN ROAD SUITE 4 MELVILLE, NY 11747 | SUN LIFE ASSURANCE COMPANY OF CANADA | $32K | — | $32K | 5.00% |
| JOSEPH DUCKETT3 | 403 FAWN HAVEN COURT MILLERSVILLE, MD 21108 | SUN LIFE ASSURANCE COMPANY OF CANADA | $16K | — | $16K | 2.51% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY | 75 REMITTANCE DRIVE DEPT 6021 CHICAGO, IL 06067 | SUN LIFE ASSURANCE COMPANY OF CANADA | $16K | — | $16K | 2.49% |
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 | 758 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 6 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 764 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 764 | $953K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 764 | $953K |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 764 | $953K |
| Short-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 764 | $953K |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 764 | $953K |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 215 | $635K |
| Other | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 764 | $953K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 764 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.