| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SENECA CONSULTING GROUP, INC3 | 111 SMITHTOWN BYPASS SUITE 207 HAUPPAUGE, NY 11788 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $0 | $3K | 0.76% |
| GREATER METRO AGENCY INC3 Filed as: GREATER METRO AGENCY | 2003 JERICHO TURNPIKE NEW HYDE PARK, NY 11040 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | $0 | $1K | 0.39% |
| BROWN AND BROWN OF FLORIDA, INC.3 Filed as: BROWN & BROWN OF GARDEN CITY | 595 STEWART AVE GARDEN CITY, NY 11530 | FIRST UNUM LIFE INSURANCE COMPANY | $13K | $375K | $388K | 207.05% |
| MSM GENERAL AGENCY INC3 Filed as: MSM GENERAL AGENCY | 2300 HYLAN BLVD PO BOX 060470 STATEN ISLAND, NY 10306 | FIRST UNUM LIFE INSURANCE COMPANY | $9K | — | $9K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| TPA EXCHANGE EIN 20-2601251 THIRD PARTY ADMINISTRATOR | Claims processing Service code 12 | 1238 MANN DRIVE MATTHEWS, NC 28105 | $133K |
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 | 698 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 698 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 698 | $357K |
| Life insurance | FIRST UNUM LIFE INSURANCE COMPANY | 452 | $188K |
| Short-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 452 | $188K |
| Long-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 452 | $188K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 698 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.