| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CROWN RISK MANAGEMENT, LLC3 Filed as: MERIDIAN RISK MANAGEMENT | PO BOX 8419 PELHAM, NY 10803 | RELIASTAR LIFE INSURANCE | $152K | $0 | $152K | 10.13% |
| CROWN RISK MANAGEMENT, LLC3 Filed as: MERIDIAN RISK MANAGEMENT INC. | PO BOX 8419 PELHAM, NY 10803 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $4K | $0 | $4K | 2.11% |
| CROWN RISK MANAGEMENT, LLC3 Filed as: MERIDIAN RISK MANAGEMENT INC. | PO BOX 8419 PELHAM, NY 10803 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $5K | $0 | $5K | 8.69% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| INTERNATIONAL BENEFITS ADMINISTRATO ADMIN | Claims processing Service code 12 | 100 GARDEN CITY PLAZA STE 102 GARDEN CITY, NY 11530 | $222K |
| NORTHWELL DIRECT OTHER | Other services Service code 49 | 1111 MARCUS AVE NORTH NEW HYDE PARK, NY 11042 | $149K |
| BLUECROSS BLUESHIELD EIN 13-5656874 ADMIN | Claims processing Service code 12 | — | $57K |
| DELTA DENTAL OF NEW YORK EIN 11-1980218 ADMIN | Claims processing Service code 12 | — | $29K |
| MERIDIAN RISK MANAGEMENT BROKER | Insurance agents and brokers Service code 22 | PO BOX 8419 PELHAM, NY 10803 | $2K |
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 | 608 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 609 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 803 | $189K |
| Long-term disability | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 288 | $54K |
| Stop-loss / reinsurancereinsurance | RELIASTAR LIFE INSURANCE | 637 | $1.5M |
| Other | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 803 | $189K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 803 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.