| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LABOR FIRST LLC3 Filed as: LABOR-FIRST | 300 CHESTER AVE #300 MOORESTOWN, NJ 080572532 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 4.65% |
| PROFESSONAL GROUP PLANS INC3 | 225 WIRELESS BLVD - FL 2 HAUPPAUGE, NY 117883914 | METROPOLITAN LIFE INSURANCE COMPANY | $424 | — | $424 | 0.73% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EMPIRE HEALTH CHOICE HMO, INC. EIN 23-7391136 NONE | Claims processing; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Float revenue; Other services Service code 12 | — | $1.0M |
| THE FIRST NATIONAL BANK OF LI EIN 11-0804410 NONE | Investment advisory (plan) Service code 27 | — | $103K |
| BANK OF AMERICA EIN 94-1687665 NONE | Investment advisory (plan) Service code 27 | — | $91K |
| JENNIFER BINGHAM EIN 11-2252603 EMPLOYEE | Employee (plan) Service code 30 | — | $71K |
| BARBARA ALBERGO EIN 11-2252603 EMPLOYEE | Employee (plan) Service code 30 | — | $69K |
| SELE-DENT, INC. EIN 11-3310187 NONE | Contract Administrator Service code 13 | — | $64K |
| THE SEGAL COMPANY EIN 13-1835864 NONE | Actuarial Service code 11 | — | $64K |
| JJM FINANCIAL EIN 23-2712201 NONE | Investment management fees paid directly by plan Service code 51 | — | $57K |
| ALEJANDRO A. GONZALEZ EIN 11-2252603 EMPLOYEE | Employee (plan) Service code 30 | — | $54K |
| QUAN VEST EIN 11-2559669 NONE | Investment management fees paid directly by plan Service code 51 | — | $50K |
| BARNES, IACCARINO & SHEPHERD EIN 26-3858697 NONE | Legal Service code 29 | — | $36K |
| LH ROSOFF & COMPANY, LLP EIN 13-1239833 NONE | Accounting (including auditing) Service code 10 | — | $22K |
| STEWART ALTMAN & ASSOC. EIN 11-2498164 NONE | Legal Service code 29 | — | $14K |
| MARIANNE IMPERIAL EIN 11-2252603 FORMER ADMINISTRATOR | Plan Administrator Service code 14 | — | $13K |
| PHILIP J. CASTROGIOVANNI EIN 11-2252603 ACCOUNTANT | Accounting (including auditing) Service code 10 | — | $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 | 2,344 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 2,344 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 2,365 | $58K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 2,365 | $58K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,365 | — |
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."
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.