| 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 | $21K | — | $21K | 7.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EMPIRE HEALTHCHOICE ASSURANCE, INC. EIN 23-7391136 NONE | Accounting (including auditing); Other services; Float revenue; Direct payment from the plan; Contract Administrator; Claims processing Service code 10 | — | $442K |
| C & R CONSULTING, INC EIN 13-3935364 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $189K |
| NEIL SANDY EIN 11-2750720 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $107K |
| AIMIE COLLAZO EIN 11-2750720 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $77K |
| NOVAK FRANCELLA LLC EIN 61-1436956 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $60K |
| VIRGINIA & AMBINDER LLP EIN 13-4166736 NONE | Legal; Direct payment from the plan Service code 29 | — | $58K |
| DOLORES MARTINEZ EIN 11-2750720 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $58K |
| AMERICAN REALTY ADVISORS EIN 33-0123114 NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | — | $52K |
| PENN CAPITAL MANAGEMENT COMPANY INC EIN 22-2796848 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $45K |
| DIANE COLON EIN 11-2750720 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $45K |
| GROSVENOR CAPITAL MANAGEMENT LP EIN 36-3795985 NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | — | $42K |
| FIRST ACTUARIAL CONSULTING INC EIN 42-1565552 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $39K |
| INNOVATIVE SOFTWARE SOLUTIONS, INC. EIN 23-2182079 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $32K |
| WEDGE CAPITAL MANAGEMENT LLP EIN 56-1557450 NONE | Investment management; Soft dollars commissions; Investment management fees paid directly by plan Service code 28 | — | $26K |
| ALICARE MEDICAL MANAGEMENT EIN 13-3860528 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $25K |
| SEGALL BRYANT & HAMILL EIN 46-6418945 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $23K |
| TRIVELLA & FORTE LLP EIN 13-4070172 NONE | Legal; Direct payment from the plan Service code 29 | — | $22K |
| KAUFF MCGUIRE & MARGOLIS LLP EIN 13-3573855 NONE | Legal; Investment management fees paid directly by plan Service code 29 | — | $19K |
| SCHULTHEIS & PANETTIERI LP EIN 13-1577780 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $13K |
| SELE-DENT EIN 11-3310187 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 15 | — | $10K |
| INVESTMENT PERFORMANCE SERVCES LLC EIN 58-2432390 NONE | Investment management; Direct payment from the plan 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 | 899 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | 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 | 849 | $22K |
| Stop-loss / reinsurancereinsurance | AMALGAMATED LIFE INSURANCE COMPANY | 995 | $307K |
| 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.