| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BROAD REACH BENEFITS3 Filed as: BROAD REACH BENEFITS, INC. | 30 COOK PLAZA SUITE 200 MADISON, NJ 07940 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $13K | $5K | $18K | 2.76% |
| BROAD REACH BENEFITS3 Filed as: BROAD REACH BENEFITS, INC. | 30 COOK PLAZA SUITE 200 MADISON, NJ 07490 | DOMINION NATIONAL | $20K | — | $20K | 10.78% |
| BROAD REACH BENEFITS3 Filed as: BROAD REACH BENEFITS, INC. | 30 COOK PLAZA SUITE 200 MADISON, NJ 07940 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $10K | $2 | $10K | 13.86% |
| BROAD REACH BENEFITS3 Filed as: BROAD REACH BENEFITS, INC. | PO BOX 545 MADISON, NJ 079400545 | DEARBORN NATIONAL LIFE INSURANCE COMPANY | $3K | — | $3K | 6.97% |
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 | 300 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 23 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 323 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | HIGHMARK | 473 | $4.9M |
| Dental | DOMINION NATIONAL | 179 | $187K |
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 302 | $695K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 298 | $650K |
| Other(4 contracts, 3 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 302 | $769K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 473 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.