| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY INC | 1305 WALT WHITMAN ROAD SUITE 310 MELVILLE, NY 11747 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $165K | — | $165K | 1.61% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY INC | 1305 WALT WHITMAN ROAD SUITE 310 MELVILLE, NY 11747 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $106K | — | $106K | 1.04% |
| MARC HIATRIDES3 | 2929 EXPRESSWAY DRIVE NORTH ISLANDIA, NY 11749 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $56K | — | $56K | 0.54% |
| EMERSON REID LLC3 | 261 MADISON AVENUE SUITE 602 NEW YORK, NY 10016 | CIGNA LIFE INSURANCE CO OF NEW YORK | — | $15K | $15K | 5.00% |
| MARC HIATRIDES3 | 68 BANKSIDE DRIVE CENTERPORT, NY 11721 | CIGNA LIFE INSURANCE CO OF NEW YORK | $7K | — | $7K | 2.33% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: METLIFE FINANCIAL/METLIFE SECURITIE | 1095 AVENUE OF THE AMERICAS NEW YORK, NY 10036 | METROPOLITAN LIFE INSURANCE COMPANY | — | $10K | $10K | 4.13% |
| EMERSON REID LLC3 | 261 MADISON AVENUE SUITE 602 NEW YORK, NY 10016 | CIGNA LIFE INSURANCE CO OF NEW YORK | — | $5K | $5K | 5.00% |
| MARC HIATRIDES3 | 68 BANKSIDE DRIVE CENTERPORT, NY 11721 | CIGNA LIFE INSURANCE CO OF NEW YORK | $4K | — | $4K | 4.27% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO | 261 MADISON AVENUE FLOOR 6 NEW YORK, NY 10016 | VISION SERVICE PLAN | $1K | — | $1K | 2.00% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO | 261 MADISON AVENUE NEW YORK, NY 10016 | VISION SERVICE PLAN | $773 | — | $773 | 1.15% |
No Schedule C service providers reported on this filing.
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 | 944 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 30 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 974 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 1,758 | $10.3M |
| Vision | VISION SERVICE PLAN | 779 | $67K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,296 | $248K |
| Short-term disability | CIGNA LIFE INSURANCE CO OF NEW YORK | 802 | $90K |
| Long-term disability | CIGNA LIFE INSURANCE CO OF NEW YORK | 1,012 | $300K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,296 | $248K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,758 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.