| 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 | $404K | — | $404K | 10.00% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES LLC | 340 MADISON AVENUE 21ST FLOOR NEW YORK, NY 101730401 | METROPOLITAN LIFE INSURANCE COMPANY | $130K | $53K | $183K | 7.07% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CANADA CORP | — | CERTAIN UNDERWRITERS AT LLOYD'S OF LONDON | $130K | — | $130K | 11.50% |
| ALTERITY GROUP3 Filed as: ALTERITY GROUP, LLC | 340 MADISON AVENUE 21ST FLOOR NEW YORK, NY 101730401 | HCC LIFE INSURANCE COMPANY | $47K | — | $47K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MERITAIN EIN 16-1264154 NONE | Direct payment from the plan; Contract Administrator; Plan Administrator Service code 13 | — | $1.2M |
| CDS ADMINISTRATORS EIN 25-1352803 NONE | Contract Administrator; Direct payment from the plan Service code 13 | — | $159K |
| SAV-RX PRESCRIPTION SERVICES EIN 86-1323040 NONE | Contract Administrator Service code 13 | — | $143K |
| PROSKAUER ROSE EIN 13-1840454 NONE | Legal; Direct payment from the plan Service code 29 | — | $119K |
| BREDHOFF AND KAISER PLLC EIN 52-0969534 NONE | Legal; Direct payment from the plan Service code 29 | — | $111K |
| WITHUMSMITH+BROWN EIN 22-2027092 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $91K |
| MORGAN STANLEY EIN 20-8764829 NONE | Investment advisory (plan); Other investment fees and expenses; Direct payment from the plan Service code 27 | — | $30K |
| HORIZON EIN 26-1370698 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $16K |
| NEXGENRX INC NONE | Claims processing; Direct payment from the plan Service code 12 | — | $15K |
| KOSKIE MINSKY LLP NONE | Legal; Direct payment from the plan Service code 29 | — | $9K |
| NFP CANADA CORP EIN 98-0581597 NONE | Insurance agents and brokers; Insurance brokerage commissions and fees; Consulting (general) Service code 16 | — | $0 |
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 | 941 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 706 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,647 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,637 | $2.6M |
| Long-term disability(2 contracts, 2 carriers) | HCC LIFE INSURANCE COMPANY | 625 | $5.2M |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 1,668 | $941K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,637 | $2.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,668 | — |
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.