| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PREFERRED BENEFITS GROUP3 | 80 RTE 4 E STE 245 PARAMUS, NJ 07652 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $244K | $244K | 5.25% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $86K | $86K | 1.85% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (OK), LLC | — | BLUECROSS BLUESHIELD OF OKLAHOMA | $31K | — | $31K | 2.26% |
| USI INSURANCE SERVICES LLC3 Filed as: USI INS SERVICES LLC | — | BLUECROSS BLUESHIELD OF OKLAHOMA | $19K | — | $19K | 1.38% |
| PREFERRED BENEFITS GROUP3 | 80 EAST STATE ROUTE 4 SUITE 245 PARAMUS, NJ 07652 | KAISER FOUNDATION HEALTH PLAN INC | $16K | — | $16K | 4.93% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $15K | — | $15K | 9.95% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 718 RIVER ROAD FAIR HAVEN, NJ 07707 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $6K | $6K | 4.07% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $9K | — | $9K | 9.92% |
| 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 | 4.05% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $9K | — | $9K | 10.07% |
| 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 | 4.18% |
| PREFERRED BENEFITS GROUP3 | 80 EAST STATE ROUTE 4 SUITE 245 PARAMUS, NJ 07652 | VISION SERVICE PLAN | $3K | — | $3K | 4.99% |
| PREFERRED BENEFITS GROUP3 | 80 RTE 4 E STE 245 PARAMUS, NJ 07652 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $25K | $2K | $27K | 54.51% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST PARAMUS, NJ 07652 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $4K | $2K | $6K | 12.81% |
| BRADLEY K BIEL0 | 225 GRAND ST APT 706 JERSEY CITY, NJ 07302 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 12.18% |
| FERRARA FINANCIAL GROUP, LLC3 | — | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $7 | — | $7 | 0.02% |
| NATIONAL ENROLLMENT PARTNERS LLC Filed as: NATIONAL ENROLLMENT PARTNERS | 15400 28TH AVENUE NORTH SUITE 200 PLYMOUTH, MN 55447 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $2 | — | $2 | 0.00% |
| PREFERRED BENEFITS GROUP3 | 80 ROUTE 4 EAST SUITE 245 PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 9.90% |
| 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 | 4.09% |
| PREFERRED BENEFITS GROUP3 | 80 RTE 4 E STE 245 PARAMUS, NJ 07652 | NEW YORK LIFE GROUP INSURANCE COMPANY OF NY | $1K | — | $1K | 7.95% |
| 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 | — | $820 | $820 | 4.57% |
| PREFERRED BENEFITS GROUP Filed as: PREFERRED BENEFITS GROUP INC | 80 ROUTE 4 EAST PARAMUS, NJ 07652 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $165 | — | $165 | 10.01% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $45 | $45 | 2.73% |
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 | 522 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 522 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 522 | $6.3M |
| Dental(2 contracts, 2 carriers) | BLUECROSS BLUESHIELD OF OKLAHOMA | 379 | $1.4M |
| Vision | VISION SERVICE PLAN | 355 | $53K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 522 | $146K |
| Short-term disability(4 contracts, 3 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 522 | $151K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 522 | $91K |
| Other(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 522 | $76K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 522 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.