| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CRYSTAL IBC LLC3 | 32 OLD SLIP NEW YORK, NY 10005 | SUN LIFE AND HEALTH INSURANCE COMPANY | $40K | $0 | $40K | 3.64% |
| CRYSTAL IBC LLC3 | 32 OLD SLIP NEW YORK, NY 10005 | SUN LIFE AND HEALTH INSURANCE COMPANY | $905 | $0 | $905 | 13.76% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| M. SCADUTO EIN 11-2001170 EMPLOYEE OF EMPLOYER | Direct payment from the plan; Employee (plan) Service code 30 | — | $29K |
| DAY PITNEY LLP EIN 06-0317480 NONE | Legal Service code 29 | — | $21K |
| PKF O'CONNOR DAVIES, LLP EIN 27-1728945 NONE | Accounting (including auditing); Consulting (general) Service code 10 | — | $14K |
| INNOVATIVE SOFTWARE SOLUTIONS, INC. NONE | Consulting (general) Service code 16 | 300 SOUTH LENOLA ROAD MAPLE SHADE, NJ 08052 | $13K |
| SEGAL & CO. EIN 13-1835864 NONE | Consulting (pension); Consulting (general) Service code 16 | — | $8K |
| HEIDRICK & STRUGGLES EIN 36-4277938 NONE | Consulting (pension); Consulting (general) Service code 16 | — | $7K |
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 | 8,172 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 49 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 8,221 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | SUN LIFE AND HEALTH INSURANCE COMPANY | 8,146 | $1.1M |
| Long-term disability | SUN LIFE AND HEALTH INSURANCE COMPANY | 11 | $7K |
| Other(2 contracts) | SUN LIFE AND HEALTH INSURANCE COMPANY | 8,146 | $1.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 8,146 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.