| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PAUL THOMAS GIANGRECO3 Filed as: PAUL R CHISHOLM TBA BENEFITS MARKET | 106 SUNDOWN TRAIL WILLIAMSVILLE, NY 14221 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $50 | $50 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LAWLEY RETIREMENT ADVISORS, LLC EIN 27-4034238 CONSULTANT | Investment advisory (plan); Consulting (general) Service code 16 | — | $25K |
| JULY SERVICES EIN 74-2715820 RECORDKEEPER | Recordkeeping and information management (computing, tabulating, data processing, etc.); Participant loan processing Service code 15 | PO BOX 2208 WACO, TX 76703 | $15K |
| FIDELITY INVESTMENTS INSTITUTIONAL EIN 04-2647786 RECORDKEEPER | Participant loan processing; Account maintenance fees; Recordkeeping fees Service code 37 | — | $11K |
| MG TRUST COMPANY, LLC EIN 75-3182674 CUSTODIAN | Custodial (securities) Service code 19 | 700 17TH STREET, SUITE 600 DENVER, CO 80202 | $8K |
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 | 440 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 29 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 1 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 471 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 0 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 0 | — |
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."
No prospect flags tripped on this filing.