| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WORLD INSURANCE ASSOCIATES LLC3 | 656 SHREWSBURY AVE SUITE 200 TINTON FALLS, NJ 07701 | GUARDIAN | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SATTY, LEVINE & CIACCO, CPAS, PC EIN 11-2370855 AUDITORS | Accounting (including auditing) Service code 10 | 534 BROADHOLLOW ROAD SUITE 300 MELVILLE, NY 11747 | $28K |
| ARCHER, BYINGTON, GLENNON & LEVINE LEGAL COUNSEL | Legal Service code 29 | ONE HUNTINGTON QUADRANGLE SUITE 4C10 MELVILLE, NY 11747 | $12K |
| ADMINISTRATIVE SERVICES ONLY INC EIN 11-2995970 CLAIMS PROCESSOR | Contract Administrator Service code 13 | PO BOX 9005 LYNBROOK, NY 11563 | $7K |
| SEGAL CONSULTING ACTUARIES | Actuarial Service code 11 | 333 W 34TH STREET NEW YORK, NY 10001 | $5K |
| CSA WELFARE FUND EIN 13-6203811 ADMINISTRATOR | Contract Administrator Service code 13 | 40 RECTOR STREET NEW YORK, NY 10006 | $0 |
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 | 148 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 91 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 239 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DENTCARE DELIVERY SYSTEMS INC | 8 | $4K |
| Life insurance | GUARDIAN | 148 | $192 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 175 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.