| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE COMPETITIVE ADVANTAGE COMPANIES3 Filed as: COMPETITIVE ADVANTAGE BENEFITS LLC | 54 BROAD STREET, SUITE 200 RED BANK, NJ 07701 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $91K | $49K | $140K | 11.32% |
| CHRISTIAN PETER3 | 54 BROAD STREET, SUITE 200 RED BANK, NJ 07701 | SUN LIFE ASSURANCE COMPANY OF CANADA | $75K | $80K | $154K | 17.52% |
| FNA INSURANCE SERVICES INC3 Filed as: FNA INSURANCE SERVICES, INC. | 1000 WOODBURY ROAD, SUITE 403 WOODBURY, NJ 11797 | SUN LIFE ASSURANCE COMPANY OF CANADA | $31K | $0 | $31K | 3.52% |
| THE COMPETITIVE ADVANTAGE COMPANIES3 Filed as: COMPETITIVE ADVANTAGE BENEFITS LLC | 54 BROAD STREET, SUITE 200 RED BANK, NJ 07701 | ARAG INSURANCE COMPANY | $590 | $0 | $590 | 0.86% |
| CHRISTIAN PETER3 | 54 BROAD STREET, SUITE 200 RED BANK, NJ 07701 | SUN LIFE AND HEALTH INSURANCE COMPANY | $750 | $385 | $1K | 21.34% |
| FNA INSURANCE SERVICES INC3 Filed as: FNA INSURANCE SERVICES, INC. | 1000 WOODBURY ROAD, SUITE 403 WOODBURY, NJ 11797 | SUN LIFE AND HEALTH INSURANCE COMPANY | $300 | $0 | $300 | 5.64% |
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 | 1,977 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,977 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 3,466 | $1.2M |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 3,466 | $1.2M |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 2,495 | $880K |
| Short-term disability(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 2,495 | $886K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 2,495 | $880K |
| Other(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 2,495 | $949K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,466 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.