| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SILBERSTEIN INSURANCE GROUP3 | 2850 QUARRY LAKE DRIVE, SUITE 303 BALTIMORE, MD 21209 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $34K | $0 | $34K | 43.48% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC. | UNKNOWN CHESTERTOWN, MD 21620 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $0 | $2K | $2K | 2.71% |
| SILBERSTEIN INSURANCE GROUP3 | 2850 QUARRY LAKE DRIVE, SUITE 303 BALTIMORE, MD 21209 | HARTFORD LIFE AND ACCIDENT | $2K | $29 | $2K | 10.12% |
| SILBERSTEIN INSURANCE GROUP3 | 2850 QUARRY LAKE DRIVE, SUITE 303 BALTIMORE, MD 21209 | MADISON NATIONAL LIFE INSURANCE | $413K | $0 | $413K | 2080.15% |
| NORTH AMERICAN BENEFITS COMPANY5 | UNKNOWN CHESTERTOWN, MD 21620 | MADISON NATIONAL LIFE INSURANCE | $0 | $1K | $1K | 6.75% |
| JAMES R WORTHY4 Filed as: JAMES R. WORTHY | 519 BOND AVENUE REISTERSTOWN, MD 21136 | PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELD | $1K | $0 | $1K | 11.44% |
| SILBERSTEIN INSURANCE GROUP4 | 2850 QUARRY LAKE DRIVE, SUITE 303 BALTIMORE, MD 21209 | PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELD | $1K | $0 | $1K | 11.44% |
| PHILLIP J SEAMAN JR4 Filed as: PHILLIP J. SEAMAN JR. | 551 HIDDEN STREAM COURT WESTMINSTER, MD 21158 | PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELD | $1K | $0 | $1K | 11.44% |
| REGINALD GANT4 | 3423 JANVALE ROAD WINDSOR MILL, MD 21244 | PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELD | $352 | $0 | $352 | 3.78% |
| SILBERSTEIN INSURANCE GROUP3 | 2850 QUARRY LAKE DRIVE, SUITE 303 BALTIMORE, MD 21209 | EYEMED VISION CARE ON BEHALF OF THE FIDELITY SECURITY LIFE INS CO | $738 | $0 | $738 | 9.03% |
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 | 200 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 9 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 209 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 129 | $78K |
| Vision | EYEMED VISION CARE ON BEHALF OF THE FIDELITY SECURITY LIFE INS CO | 126 | $8K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 220 | $25K |
| Short-term disability | MADISON NATIONAL LIFE INSURANCE | 29 | $20K |
| Other(3 contracts, 3 carriers) | HARTFORD LIFE AND ACCIDENT | 220 | $44K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 220 | — |
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.