| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BIJAL PATEL3 | 643 BLOOMFIELD AVE NUTLEY, NJ 07110 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | $12K | — | $12K | 7.24% |
| FNA INSURANCE SERVICES INC3 Filed as: FNA INS SERVICES | 1000 WOODBURY RD #403 WOODBURY, NY 11797 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | — | $8K | $8K | 5.03% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS TOWERS WATSON NORTHEAST | 150 JOHN F KENNEDY PARKWAY SUITE 520 SHORT HILLS, NJ 07078 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 3.67% |
| NEW YORK LIFE AGENTS OF RECORD3 | 51 MADISON AVE NEW YORK, NY 10010 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $12K | $4K | $16K | 19.84% |
| NEW YORK LIFE AGENTS OF RECORD3 | 51 MADISON AVE NEW YORK, NY 10010 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $10K | $3K | $14K | 19.77% |
| NEW YORK LIFE AGENTS OF RECORD3 | 51 MADISON AVE NEW YORK, NY 10010 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $10K | $3K | $13K | 20.01% |
| NEW YORK LIFE AGENTS OF RECORD3 | 51 MADISON AVE NEW YORK, NY 10010 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | $377 | $2K | 19.89% |
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 | 391 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 394 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 251 | $164K |
| Vision | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 251 | $164K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 391 | $70K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 391 | $64K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 391 | $78K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 391 | $8K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 391 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.