| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| H.J. KNIGHT INTERNATIONAL INSURANCE3 | 30 BRAINTREE HILL OFFICE PARK, SUIT BRAINTREE, MA 02184 | AMALGAMATED LIFE INSURANCE COMPANY | $23K | — | $23K | 7.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EMPIRE HEALTHCHOICE ASSURANCE, INC. EIN 23-7391136 NONE | Accounting (including auditing); Other services; Direct payment from the plan; Contract Administrator; Claims processing; Float revenue Service code 10 | — | $404K |
| C & R CONSULTING, INC EIN 13-3935364 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $196K |
| NEIL SANDY EIN 11-2750720 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $104K |
| NOVAK FRANCELLA LLC EIN 61-1436956 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $84K |
| AIMIE COLLAZO EIN 11-2750720 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $81K |
| DOLORES MARTINEZ EIN 11-2750720 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $77K |
| TRIVELLA & FORTE LLP EIN 13-4070172 NONE | Legal; Direct payment from the plan Service code 29 | — | $54K |
| PENN CAPITAL MANAGEMENT COMPANY INC EIN 22-2796848 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $47K |
| GROSVENOR CAPITAL MANAGEMENT LP EIN 36-3795985 NONE | Investment management; Investment management fees paid indirectly by plan Service code 28 | — | $39K |
| FIRST ACTUARIAL CONSULTING INC EIN 42-1565552 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $39K |
| DIANE COLON EIN 11-2750720 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $39K |
| WEDGE CAPITAL MANAGEMENT LLP EIN 56-1557450 NONE | Investment management; Investment management fees paid directly by plan; Soft dollars commissions Service code 28 | — | $29K |
| ALICARE MEDICAL MANAGEMENT EIN 13-3860528 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $24K |
| SEGALL BRYANT & HAMILL NONE | Investment management fees paid directly by plan; Investment management Service code 28 | 540 WEST MADISON STREET, SUITE 1900 CHICAGO, IL 60661 | $22K |
| SCHULTHEIS & PANETTIERI LP EIN 13-1577780 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $22K |
| KAUFF MCGUIRE & MARGOLIS LLP EIN 13-3573855 NONE | Legal; Investment management fees paid directly by plan Service code 29 | — | $21K |
| VIRGINIA & AMBINDER LLP EIN 13-4166736 NONE | Legal; Direct payment from the plan Service code 29 | — | $11K |
| SELE-DENT EIN 11-3310187 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $10K |
| INVESTMENT PERFORMANCE SERVCES LLC EIN 58-2432390 NONE | Direct payment from the plan; Investment management Service code 28 | — | $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 | 896 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 7 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 903 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | AMALGAMATED LIFE INSURANCE COMPANY | 865 | $27K |
| Stop-loss / reinsurancereinsurance | AMALGAMATED LIFE INSURANCE COMPANY | 995 | $335K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 995 | — |
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.