| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| OMNI MANAGED HEALTH, INC.3 Filed as: OMNI MANAGED HEALTH | 3877 FLATLANDS AVENUE 2ND FLOOR BROOKLYN, NY 11234 | WESTPORT INSURANCE | $159K | — | $159K | 17.15% |
| GUTMAN'S INS BROKERAGE INC3 Filed as: GUTMAN INSURANCE AGENCY | 134 SOUTH 9TH STREET 4A BROOKLYN, NY 11211 | WESTPORT INSURANCE | $63K | — | $63K | 6.86% |
| OMNI MANAGED HEALTH, INC.3 Filed as: OMNI MANAGED HEALTH, INC | 3877 FLATLANDS AVE BROOKLYN, NY 11234 | HEALTHPLEX INSURANCE COMPANY | $15K | — | $15K | 9.21% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LEADING EDGE ADMINISTRATORS EIN 27-2589905 NONE | Plan Administrator Service code 14 | 14 WALL STREET STE 5B NEW YORK, NY 10005 | $644K |
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 | 1,396 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,396 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | WESTPORT INSURANCE | 1,396 | $925K |
| Dental | HEALTHPLEX INSURANCE COMPANY | 1,166 | $163K |
| Vision | HEALTHPLEX INSURANCE COMPANY | 1,166 | $163K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,396 | — |
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.