| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES LLC | 340 MADISON AVENUE 21ST FLOOR NEW YORK, NY 101730401 | HCC LIFE INSURANCE COMPANY | $420K | — | $420K | 12.99% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES LLC | 340 MADISON AVENUE 21ST FLOOR NEW YORK, NY 101730401 | METROPOLITAN LIFE INSURANCE COMPANY | $133K | $53K | $186K | 7.03% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CANADA CORP | — | CERTAIN UNDERWRITERS AT LLOYD'S OF LONDON | $117K | — | $117K | 12.99% |
| ALTERITY GROUP3 Filed as: ALTERITY GROUP, LLC | 340 MADISON AVENUE 21ST FLOOR NEW YORK, NY 101730401 | HCC LIFE INSURANCE COMPANY | $39K | — | $39K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN EIN 16-1264154 NONE | Plan Administrator; Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | — | $1.3M |
| NFP CORPORATE SERVICES LLC EIN 20-1941665 NONE | Insurance brokerage commissions and fees; Insurance agents and brokers; Consulting (general) Service code 16 | — | $606K |
| CDS ADMINISTRATORS EIN 25-1352803 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $163K |
| PROSKAUER ROSE EIN 13-1840454 NONE | Legal; Direct payment from the plan Service code 29 | — | $126K |
| NFP CANADA CORP EIN 98-0581597 NONE | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | — | $117K |
| BREDOFF AND KAISER PLLC EIN 52-0969534 NONE | Legal; Direct payment from the plan Service code 29 | — | $108K |
| WITHUMSMITH+BROWN EIN 22-2027092 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $56K |
| MORGAN STANLEY EIN 20-8764829 NONE | Other investment fees and expenses; Investment advisory (plan); Direct payment from the plan Service code 27 | — | $30K |
| KOSKIE MINSKY LLP NONE | Legal; Direct payment from the plan Service code 29 | — | $29K |
| HORIZON EIN 26-1370698 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $17K |
| NEXGENRX INC NONE | Direct payment from the plan; Claims processing Service code 12 | — | $11K |
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 | 946 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 683 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,629 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,837 | $2.6M |
| Long-term disability(2 contracts, 2 carriers) | HCC LIFE INSURANCE COMPANY | 625 | $4.1M |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 1,581 | $790K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,837 | $2.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,837 | — |
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.