| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FRENKEL BENEFITS LLC3 | 601 PLAZA 3 6TH FLOOR JERSEY CITY, NJ 07311 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $105K | $15K | $120K | 5.66% |
| FRENKEL BENEFITS LLC3 | 601 PLAZA 3 6TH FLOOR JERSEY CITY, NJ 07311 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $31K | $8K | $38K | 6.16% |
| FRENKEL BENEFITS LLC3 | 601 PLAZA 3 6TH FLOOR JERSEY CITY, NJ 07311 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $9K | $2K | $11K | 6.31% |
| FRENKEL BENEFITS LLC3 | 601 PLAZA 3 6TH FLOOR JERSEY CITY, NJ 07311 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $7K | $1K | $8K | 5.79% |
| FRENKEL BENEFITS LLC3 | 350 HUDSON STREET 4TH FLOOR NEW YORK, NY 10014 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $14K | — | $14K | 9.93% |
| FRENKEL BENEFITS LLC3 | 601 PLAZA 3 6TH FLOOR JERSEY CITY, NJ 07311 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $16K | $1K | $17K | 16.39% |
| FRENKEL BENEFITS LLC3 | 350 HUDSON STREET 4TH FLOOR NEW YORK, NY 10014 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 9.93% |
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 | 24,247 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 24,247 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(3 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 36,329 | $863K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 2,542 | $179K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 24,247 | $2.1M |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 30,715 | $820K |
| Other(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 23,586 | $174K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 36,329 | — |
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.