| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CUSTOM BENEFIT PROGRAMS INC3 Filed as: CUSTOM BENEFIT PROGRAMS INC. | 897 12TH STREET HAMMONTON, NJ 08037 | METROPOLITAN LIFE INSURANCE COMPANY | $21K | $7K | $29K | 5.44% |
| FIRST INTERNATIONAL BANK & TRUST3 | 4554 38TH AVE. SOUTH FARGO, ND 581048515 | METROPOLITAN LIFE INSURANCE COMPANY | $16K | — | $16K | 3.11% |
| CUSTOM BENEFIT PROGRAMS INC3 Filed as: CUSTOM BENEFIT PROGRAMS INC. | 897 12TH ST HAMMONTON, NJ 08037 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $482 | $4K | 9.18% |
| FIRST INTERNATIONAL BANK & TRUST3 | 4554 38TH AVE. S FARGO, ND 581048515 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | — | $4K | 8.08% |
| CUSTOM BENEFIT PROGRAMS INC3 Filed as: CUSTOM BENEFIT PROGRAMS INC. | 897 12TH STREET HAMMONTON, NJ 08037 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $377 | $4K | 10.26% |
| FIRST INTERNATIONAL BANK & TRUST3 | 4554 38TH AVE. S FARGO, NC 581048515 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 9.23% |
| CUSTOM BENEFIT PROGRAMS INC3 Filed as: CUSTOM BENEFIT PROGRAMS INC. | 897 12TH STREET HAMMONTON, NJ 08037 | METROPOLITAN LIFE INSURANCE COMPANY | $457 | $170 | $627 | 729.07% |
| FIRST INTERNATIONAL BANK & TRUST3 | 4554 38TH AVE. SOUTH FARGO, ND 581048515 | METROPOLITAN LIFE INSURANCE COMPANY | $457 | — | $457 | 531.40% |
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 | 686 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 8 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 694 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 355 | $80K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 1,147 | $528K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,147 | $528K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,147 | $528K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,147 | $528K |
| Other(4 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 1,147 | $608K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,147 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.