| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GROUP ADVISORY INC3 Filed as: GROUP ADVISORY INC. | 1135 CLIFTON AVENUE CLIFTON, NJ 07013 | UNITED HEALTHCARE INSURANCE COMPANY | $128K | $2K | $130K | 5.08% |
| GROUP ADVISORY INC3 Filed as: GROUP ADVISORY INC. | 1135 CLIFTON AVE SUITE 201 CLIFTON, NJ 07013 | HARTFORD LIFE AND ACCIDENT | $27K | — | $27K | 10.00% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP, INC | 80 EAST STATE ROAD 4, SUITE 245 PARAMUS, NJ 07652 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | — | $10K | $10K | 4.51% |
| GROUP ADVISORY INC3 | 1135 CLIFTON AVENUE,SUITE 201 CLIFTON, NJ 07013 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $5K | — | $5K | 2.46% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP, INC | 80 E STATE RT 4, SUITE 245 PARAMUS, NJ 07652 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $1K | $0 | $1K | 3.43% |
| LINDSAY JEAN WALTERS3 | 520 N KINGSBURY ST CHICAGO, IL 60654 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $717 | $0 | $717 | 2.19% |
| BRAD BIEL3 | 1050 WALL STREET WEST LYNDHURST, NJ 07071 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $346 | $34 | $380 | 1.16% |
| ELITE ADMINISTRATION3 | 313 HARKINS BLUFF DRIVE GREER, SC 29651 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $342 | $9 | $351 | 1.07% |
| CDC CONSULTING SERVICES INC3 | 47 WESTERN AVE DEER PARK, NY 11729 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $308 | $0 | $308 | 0.94% |
| GEORGE E BIEL3 | 1257 CROSSBILL COURT WESTON, FL 33327 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $171 | $1 | $172 | 0.53% |
| DAVID A BETMAN3 | 4106 STOCONGA DRIVE BELTSVILLE, MD 20705 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $116 | $0 | $116 | 0.35% |
| TIMOTHY J REED3 | 21 AZALEA DRIVE LUMBERTON, NJ 08048 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $57 | $8 | $65 | 0.20% |
| JAMEL WRIGHT3 | 1517 RIVERSIDE STATION BLVD SECAUCUS, NJ 07094 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $15 | $0 | $15 | 0.05% |
| THE WORKSIGHT GROUP LLC3 | 1050 WALL STREET WEST LYNDHURST, NJ 07071 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $2 | $3 | $5 | 0.02% |
| KIMBERLY FERGUSON3 | 4059 LOMAR DRIVE MT AIRY, MD 21771 | COLONIAL LIFE ACCIDENTAL INSURANCE COMPANY | $2 | $1 | $3 | 0.01% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP, INC - NJ | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE COMP | $2K | — | $2K | 9.73% |
| PREFERRED BENEFITS GROUP3 Filed as: PREFERRED BENEFITS GROUP, INC | 80 E STATE RT 4, SUITE 245 PARAMUS, NJ 07652 | THE PAUL REVERE LIFE INSURANCE COMPANY | $169 | $0 | $169 | 3.51% |
| ELITE ADMINISTRATION3 | 313 HARKINS BLUFF DR GREER, SC 29651 | THE PAUL REVERE LIFE INSURANCE COMPANY | $118 | $0 | $118 | 2.45% |
| LINDSAY JEAN WALTERS3 | 520 N KINGSBURY ST CHICAGO, IL 60654 | THE PAUL REVERE LIFE INSURANCE COMPANY | $108 | $0 | $108 | 2.24% |
| BRAD BIEL3 | 1050 WALL STREET WEST LYNDHURST, NJ 07071 | THE PAUL REVERE LIFE INSURANCE COMPANY | $48 | $0 | $48 | 1.00% |
| TIMOTHY J REED3 | 21 ALZALEA DRIVE LUMBERTON, NJ 08048 | THE PAUL REVERE LIFE INSURANCE COMPANY | $27 | $0 | $27 | 0.56% |
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 | 145 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 147 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED HEALTHCARE INSURANCE COMPANY | 510 | $2.6M |
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 201 | $214K |
| Vision | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE COMP | 372 | $21K |
| Life insurance(3 contracts, 3 carriers) | HARTFORD LIFE AND ACCIDENT | 226 | $512K |
| Short-term disability(2 contracts, 2 carriers) | HARTFORD LIFE AND ACCIDENT | 226 | $479K |
| Long-term disability(2 contracts, 2 carriers) | HARTFORD LIFE AND ACCIDENT | 226 | $479K |
| Other(3 contracts, 3 carriers) | HARTFORD LIFE AND ACCIDENT | 226 | $484K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 510 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.