| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LABOR FIRST LLC5 Filed as: LABOR FIRST, LLC | 300 MIDLANTIC DR. SUITE 101 MOUNT LAUREL, NJ 08054 | MEDCO CONTAINMENT LIFE INS. CO. | — | $170K | $170K | 8.88% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ANTHEM HEALTH EIN 06-1475928 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Other services; Claims processing; Float revenue Service code 12 | — | $515K |
| EMPLOYEE A EIN 06-0691728 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $169K |
| UBS FINANCIAL SERVICES, INC. EIN 13-2638166 NONE | Investment advisory (plan); Other fees; Custodial (securities); Account maintenance fees Service code 19 | — | $132K |
| EMPLOYEE B EIN 06-0691728 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $117K |
| EMPLOYEE D EIN 06-0691728 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $116K |
| INNOVATIVE SOFTWARE SOLUTIONS, INC. EIN 23-2182079 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $105K |
| EMPLOYEE E EIN 06-0691728 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $104K |
| EMPLOYEE C EIN 06-0691728 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $97K |
| GUARDIAN EIN 13-5123390 NONE | Claims processing; Direct payment from the plan; Contract Administrator Service code 12 | — | $68K |
| MEDCARE MANAGEMENT EIN 88-0429522 NONE | Contract Administrator Service code 13 | — | $55K |
| O'SULLIVAN ASSOCIATES INC EIN 22-1837827 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $54K |
| ROBERT M CHEVERIE & ASSOCIATES EIN 06-1335139 NONE | Legal; Direct payment from the plan Service code 29 | — | $40K |
| NOVAK FRANCELLA, LLC EIN 61-1436956 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $34K |
| EXPRESS SCRIPTS, INC. EIN 22-3461740 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $34K |
| ALLEGIANT RX EIN 02-6015031 NONE | Other fees; Claims processing Service code 12 | — | $31K |
| COOKE & BIELER, INC. EIN 23-3082822 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $29K |
| MASSUCCI & ASSOCIATES EIN 06-1462567 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $21K |
| ROTHSCHILD ASSET MANAGEMENT EIN 13-2544634 NONE | Investment management Service code 28 | — | $18K |
| DAVIS VISION EIN 11-3051991 NONE | Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | — | $16K |
| EATON VANCE CORP. EIN 04-3101341 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $13K |
| BOYD WATTERSON ASSET MANAGMENT EIN 34-1922005 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $12K |
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 | 1,468 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 709 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 2,177 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE UNION LABOR LIFE INSURANCE COMPANY | 1,790 | $187K |
| Other(2 contracts, 2 carriers) | MEDCO CONTAINMENT LIFE INS. CO. | 1,173 | $1.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,790 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.