| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PAYPRO VENTURES LLC3 | 450 WIRELESS BLVD HAUPPAUGE, NY 11780 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $72K | — | $72K | 9.33% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC | 225 WIRELESS BLVD STE 200 HAUPPAUGE, NY 11788 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $29K | $29K | 3.73% |
| JEFFREY T WILKIE3 | 95 HARDING DRIVE NEW ROCHELLE, NY 10801 | AETNA LIFE INSURANCE CO. | $14K | — | $14K | 3.38% |
| PAYPRO VENTURES LLC3 | 450 WIRELESS BLVD HAUPPAUGE, NY 11788 | AETNA LIFE INSURANCE CO. | $3K | — | $3K | 0.61% |
| PAYPRO VENTURES LLC3 | 450 WIRELESS BLVD HAUPPAUGE, NY 11788 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $7K | — | $7K | 6.95% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC | 225 WIRELESS BLVD 2ND FLOOR HAUPPAUGE, NY 11788 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $4K | $4K | 3.62% |
| PAYPRO VENTURES LLC3 | 450 WIRELESS BLVD HAUPPAUGE, NY 117883934 | PRINCIPAL LIFE INSURANCE COMPANY | $10K | — | $10K | 10.90% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS INC. | 225 WIRLESS BLVD STE 200 HAUPPAUGE, NY 11788 | PRINCIPAL LIFE INSURANCE COMPANY | — | $5K | $5K | 5.00% |
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 | 114 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 114 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 211 | $1.2M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 114 | $105K |
| Vision | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 114 | $105K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 149 | $95K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 149 | $95K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 149 | $95K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 211 | — |
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.