| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE WILSHIRE GROUP LLC3 Filed as: WILSHIRE GROUP, LLC | 2035 LINCOLN HIGHWAY, SUITE 1080 EDISON, NJ 08817 | SUN LIFE ASSURANCE COMPANY OF CANADA | $4K | — | $4K | 3.57% |
| THE WILSHIRE GROUP LLC3 | 2035 LINCOLN HIGHWAY, SUITE 1080 EDISON, NJ 08817 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | $2K | $6K | 11.27% |
| THE WILSHIRE GROUP LLC3 | 2035 LINCOLN HIGHWAY, SUITE 1080 EDISON, NJ 08817 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | $613 | $4K | 16.08% |
| THE WILSHIRE GROUP LLC3 Filed as: WILSHIRE GROUP, LLC | 2035 LINCOLN HIGHWAY, SUITE 1080 EDISON, NJ 08817 | VISION SERVICE PLAN | $1K | — | $1K | 5.97% |
| THE WILSHIRE GROUP LLC3 | 2035 LINCOLN HIGHWAY, SUITE 1080 EDISON, NJ 08817 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $909 | $261 | $1K | 12.87% |
| LINCOLN BENEFITS GROUP3 Filed as: THE LINCOLN GROUP LLC | 2035 LINCOLN HIGHWAY, SUITE 1080 EDISON, NJ 08817 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $622 | $212 | $834 | 10.72% |
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 | 120 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 123 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | SUN LIFE ASSURANCE COMPANY OF CANADA | 109 | $107K |
| Vision | VISION SERVICE PLAN | 120 | $17K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 120 | $50K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 120 | $9K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 120 | $22K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 120 | $8K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 120 | — |
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.