| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARIANO HUERTA | CALLE CESAR GONZALEZ 453 SAN JUAN, PR 00918 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $5K | — | $5K | 8.18% |
| OLIVER FINANCIAL GROUP, INC. Filed as: OLIVER FINANCIAL GROUP INC | 252 PONCE DE LEON AVE. SUITE 2002 SAN JUAN, PR 00918 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $3K | — | $3K | 5.45% |
| CENTRAL GROUP INSURANCE AGENCY Filed as: CENTRAL GROUP INSURANCE A | PO BOX 1868 DORADO, PR 00646 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $3K | $3K | 4.54% |
| MARIANO HUERTA | CALLE CESAR GONZALEZ 453 SAN JUAN, PR 00918 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $3K | — | $3K | 9.00% |
| OLIVER FINANCIAL GROUP, INC. Filed as: OLIVER FINANCIAL GROUP INC | 252 PONCE DE LEON AVE. SUITE 2002 SAN JUAN, PR 00918 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $2K | — | $2K | 6.00% |
| CENTRAL GROUP INSURANCE AGENCY Filed as: CENTRAL GROUP INSURANCE A | PO BOX 1868 DORADO, PR 00646 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $2K | $2K | 5.00% |
| MARIANO HUERTA | CALLE CESAR GONZALEZ 453 SAN JUAN, PR 00918 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $920 | — | $920 | 9.00% |
| OLIVER FINANCIAL GROUP, INC. Filed as: OLIVER FINANCIAL GROUP INC | 252 PONCE DE LEON AVE. SUITE 2002 SAN JUAN, PR 00918 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | $613 | — | $613 | 6.00% |
| CENTRAL GROUP INSURANCE AGENCY Filed as: CENTRAL GROUP INSURANCE A | PO BOX 1868 DORADO, PR 00646 | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | — | $511 | $511 | 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 | 176 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 176 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | 176 | $62K |
| Long-term disability | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | 176 | $32K |
| Other | NEW YORK LIFE GROUP BENEFIT SOLUTIONS | 176 | $10K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 176 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.