| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WORLD INSURANCE ASSOCIATES LLC3 | 100 WOOD AVENUE S 4TH FLOOR ISELIN, NJ 08830 | FOUR EVER LIFE INS CO | $280K | — | $280K | 10.00% |
| WORLD INSURANCE ASSOCIATES LLC3 | 100 WOOD AVENUE S 4TH FLOOR ISELIN, NJ 08830 | FOUR EVER LIFE INS CO | $19K | — | $19K | 10.00% |
| WORLD INSURANCE ASSOCIATES LLC3 | 100 WOOD AVENUE S 4TH FLOOR ISELIN, NJ 088302716 | METROPOLITAN LIFE INSURANCE | $11K | $11 | $11K | 8.51% |
| WORLD INSURANCE ASSOCIATES LLC3 | 6851 JERICHO TURNPIKE SUITE 270 SYOSSET, NY 11791 | METROPOLITAN LIFE INSURANCE | $10K | $11 | $10K | 7.32% |
| WORLD INSURANCE ASSOCIATES LLC3 | 100 WOOD AVENUE S 4TH FLOOR ISELIN, NJ 08830 | COMBINED INSURANCE | $11K | — | $11K | 17.40% |
| WORLD INSURANCE ASSOCIATES LLC3 | PO BOX 95000 LOCKBOX 1803 PHILADELPHIA, PA 19195 | METROPOLITAN GENERAL INSURANCE COMPANY | $3K | $11 | $3K | 10.34% |
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 | 435 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 439 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | FOUR EVER LIFE INS CO | 539 | $3.0M |
| Dental(2 contracts) | FOUR EVER LIFE INS CO | 539 | $3.0M |
| Vision(2 contracts) | FOUR EVER LIFE INS CO | 539 | $3.0M |
| Life insurance | METROPOLITAN LIFE INSURANCE | 749 | $132K |
| Short-term disability | METROPOLITAN LIFE INSURANCE | 749 | $132K |
| Long-term disability | METROPOLITAN LIFE INSURANCE | 749 | $132K |
| Other(3 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE | 749 | $224K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 749 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.