| 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 | $137K | $15K | $153K | 5.49% |
| FRENKEL BENEFITS LLC3 | 601 PLAZA 3 6TH FLOOR JERSEY CITY, NJ 07311 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $36K | $11K | $47K | 6.49% |
| FRENKEL BENEFITS LLC3 | 350 HUDSON STREET 4TH FLOOR NEW YORK, NY 10014 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $16K | $2K | $18K | 11.32% |
| FRENKEL BENEFITS LLC3 | 601 PLAZA 3 6TH FLOOR JERSEY CITY, NJ 07311 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $7K | $3K | $9K | 7.10% |
| FRENKEL BENEFITS LLC3 | 601 PLAZA 3 6TH FLOOR JERSEY CITY, NJ 07311 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $19K | $2K | $21K | 16.51% |
| FRENKEL BENEFITS LLC3 | 350 HUDSON STREET 4TH FLOOR NEW YORK, NY 10014 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | $476 | $3K | 12.04% |
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 | 26,647 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 26,647 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(3 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 25,886 | $1.0M |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 26,647 | $2.8M |
| Other(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 25,886 | $156K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 26,647 | — |
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.