| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LABOR FIRST LLC5 Filed as: LABOR FIRST | 3000 MIDLANTIC DR. #101 MOUNT LAUREL, NJ 08054 | SIERRA HEALTH AND LIFE INSURANCE CO. INC. | — | $63K | $63K | 8.05% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ANTHEM EIN 06-1475928 NONE | Other services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing; Float revenue; Direct payment from the plan; Contract Administrator Service code 12 | — | $473K |
| EMPLOYEE EIN 06-6077019 EMPLOYEE | Employee (plan); Legal; Direct payment from the plan Service code 29 | — | $131K |
| SEGAL COMPANY EIN 13-1928058 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $89K |
| REID & REIGE PC EIN 06-0868204 NONE | Legal; Direct payment from the plan Service code 29 | — | $46K |
| NOVAK FRANCELLA EIN 61-1436956 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $43K |
| BOSTON TRUST & INVESTMENT EIN 04-2273811 NONE | Direct payment from the plan; Trustee (discretionary); Investment management fees paid directly by plan; Trustee (directed); Custodial (securities); Trustee (bank, trust company, or similar financial institution); Investment management Service code 19 | — | $29K |
| INNOVATIVE SOFTWARE SOLUTIONS, INC EIN 23-2182079 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $26K |
| R.M. CHEVERIE & ASSOC EIN 06-1335139 NONE | Legal; Direct payment from the plan Service code 29 | — | $25K |
| DELTA DENTAL EIN 22-1896118 NONE | Contract Administrator; Claims processing; Direct payment from the plan Service code 12 | — | $14K |
| LOWER HUDSON VALLEY, EAP EIN 13-3240307 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $8K |
| WELLS FARGO EIN 94-1347393 NONE | Direct payment from the plan; Custodial (securities) Service code 19 | — | $6K |
| SEGAL MARCO ADVISORS, INC. EIN 13-2646110 NONE | Direct payment from the plan; Investment advisory (plan) Service code 27 | — | $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 | 414 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 152 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 569 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | UNION LABOR LIFE INSURANCE COMPANY | 536 | $134K |
| Stop-loss / reinsurancereinsurance | ANTHEM HEALTH PLANS, INC. | 434 | $472K |
| Other | UNION LABOR LIFE INSURANCE COMPANY | 536 | $134K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 536 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.