| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PREFERRED BENEFITS GROUP3 | 80 RTE 4 E STE 245 PARAMUS, NJ 07652 | ANTHEM HEALTH PLANS, INC | $227K | — | $227K | 4.22% |
| PREFERRED BENEFITS GROUP3 | 80 EAST STATE ROUTE 4 SUITE 245 PARAMUS, NJ 07652 | KAISER FOUNDATION HEALTH PLAN INC | $13K | — | $13K | 5.33% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $13K | — | $13K | 10.77% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 718 RIVER ROAD FAIR HAVEN, NJ 07707 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $7K | $7K | 5.46% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $10K | — | $10K | 10.76% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $5K | $5K | 5.38% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $9K | — | $9K | 10.76% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $4K | $4K | 5.38% |
| PREFERRED BENEFITS GROUP3 | 80 RTE 4 E STE 245 PARAMUS, NJ 07652 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $28K | $4K | $32K | 57.44% |
| BRADLEY K BIEL | 225 GRAND ST APT 706 JERSEY CITY, NJ 07302 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $8K | — | $8K | 13.96% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST PARAMUS, NJ 07652 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $5K | $2K | $7K | 13.01% |
| NATIONAL ENROLLMENT PARTNERS LLC Filed as: NATIONAL ENROLLMENT PARTNERS | 15400 28TH AVENUE NORTH SUITE 200 PLYMOUTH, MN 55447 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $289 | — | $289 | 0.53% |
| FERRARA FINANCIAL GROUP, LLC3 | — | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $158 | — | $158 | 0.29% |
| PREFERRED BENEFITS GROUP3 | 80 EAST STATE ROUTE 4 SUITE 245 PARAMUS, NJ 07652 | VISION SERVICE PLAN | $3K | — | $3K | 5.46% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 10.69% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $1K | $1K | 5.97% |
| PREFERRED BENEFITS GROUP3 | 80 RTE 4 E STE 245 PARAMUS, NJ 07652 | NEW YORK LIFE GROUP INSURANCE COMPANY OF NY | $1K | — | $1K | 8.05% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 718 RIVER RD FAIR HAVEN, NJ 07704 | NEW YORK LIFE GROUP INSURANCE COMPANY OF NY | — | $642 | $642 | 5.02% |
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 | 361 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 361 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | ANTHEM HEALTH PLANS, INC | 361 | $5.6M |
| Dental | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 361 | $56K |
| Vision | VISION SERVICE PLAN | 346 | $50K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 361 | $124K |
| Short-term disability(3 contracts, 3 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 361 | $160K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 361 | $80K |
| Other(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 361 | $79K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 361 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.