| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES LLC | 340 MADISON AVE FL 21 NEW YORK, NY 101730401 | METROPOLITAN LIFE INSURANCE COMPANY | $154K | $40K | $194K | 6.32% |
| ASSUREDPARTNERS3 Filed as: BWD SPORTS & ENTERTAINMENT LLC | 45 EXECUTIVE DRIVE PLAINVIEW, NY 11803 | HCC LIFE INSURANCE COMPANY | $315K | — | $315K | 13.00% |
| MERITAIN HEALTH3 | — | HCC LIFE INSURANCE COMPANY | $3K | — | $3K | 0.36% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CANADA CORP | — | CERTAIN UNDERWRITERS AT LLOYD'S OF LONDON | $92K | — | $92K | 13.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN EIN 16-1264154 NONE | Direct payment from the plan; Contract Administrator; Claims processing; Plan Administrator Service code 12 | — | $983K |
| BWD SPORTS & ENTERTAINMENT LLC EIN 11-3510791 NONE | Insurance agents and brokers Service code 22 | — | $314K |
| BWD AGENCY INC. | Insurance agents and brokers Service code 22 | — | $201K |
| CDS ADMINISTRATORS EIN 25-1352803 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $159K |
| PROSKAUER ROSE EIN 13-1840454 NONE | Legal; Direct payment from the plan Service code 29 | — | $112K |
| NFP CANADA CORP EIN 98-0581597 NONE | Insurance agents and brokers Service code 22 | — | $92K |
| BREDOFF AND KAISER PLLC EIN 52-0969534 NONE | Legal; Direct payment from the plan Service code 29 | — | $91K |
| BWD AGENCY EIN 11-3510761 NONE | Direct payment from the plan; Consulting (general); Insurance brokerage commissions and fees Service code 16 | — | $55K |
| WITHUMSMITH&BROWN EIN 22-2027092 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $45K |
| HORIZON EIN 26-1370698 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $14K |
| KOSKIE MINSKY LLP NONE | Legal; Direct payment from the plan Service code 29 | — | $5K |
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 | 1,027 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 577 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,604 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,817 | $3.1M |
| Long-term disability(2 contracts, 2 carriers) | HCC LIFE INSURANCE COMPANY | 1,027 | $3.1M |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 1,530 | $772K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,817 | $3.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,817 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.