| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL MONCADA3 | 333 EARLE OVINGTON BLVD UNIONDALE, NY 11553 | DENTCARE DELIVERY SYSTEMS | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MARY CLANTON EIN 11-1831226 OFFICER | Employee (plan); Direct payment from the plan Service code 30 | — | $126K |
| MAGNACARE ADMINISTRATIVE SERVICES EIN 11-3410766 NONE | Other fees; Direct payment from the plan; Claims processing Service code 12 | — | $81K |
| MALONEY & ASSOCIATES, INC. EIN 11-2219769 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $55K |
| BARNES, IACCARINO & SHEPHERD, LLP EIN 26-3858697 NONE | Legal; Direct payment from the plan Service code 29 | — | $38K |
| J.P. MORGAN SECURITIES, LLC EIN 13-4110995 NONE | Direct payment from the plan; Investment management; Investment management fees paid directly by plan Service code 28 | — | $34K |
| NOVAK FRANCELLA, LLC EIN 61-1436956 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $19K |
| MINSKY & COTTONE, CPAS, PC EIN 11-3223712 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $10K |
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 | 306 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 306 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DENTCARE DELIVERY SYSTEMS | 260 | $104K |
| Stop-loss / reinsurancereinsurance | UNITED STATES FIRE INSURANCE COMPANY | 275 | $448K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 275 | — |
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.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.