| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARK GRUNDLEGER3 | 200 BROADHOLLOW ROAD SUITE 207 MELVILLE, NY 11747 | EMPIRE HEALTHCHOICE ASSURANCE, INC (G1921) | $110K | $20K | $130K | 4.33% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMANY | 5200 N PALM AVE #114 FRESNO, CA 93704 | EMPIRE HEALTHCHOICE ASSURANCE, INC (G1921) | — | $70K | $70K | 2.33% |
| MARK GRUNDLEGER3 | 200 BROADHOLLOW RD STE 207 MELVILLE, NY 11747 | PRINCIPAL LIFE INSURANCE COMPANY | $12K | — | $12K | 4.87% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY WEST STE 320 BLUE BELL, PA 19422 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | $200 | $8K | 3.31% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY LLC | 1305 WALT WHITMAN ROAD SUITE 310 MELLVILLE, NY 11747 | SHELTERPOINT LIFE INSURANCE COMPANY | $2K | — | $2K | 17.00% |
No Schedule C service providers reported on this filing.
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 | 436 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 440 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EMPIRE HEALTHCHOICE ASSURANCE, INC (G1921) | 362 | $3.0M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 492 | $245K |
| Vision | SHELTERPOINT LIFE INSURANCE COMPANY | 302 | $12K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 492 | — |
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.
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.