| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MANCHESTER BENEFITS GROUP INC3 | 40 AHEIM ROAD MILLBROOK, NY 12545 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $79K | — | $79K | 4.02% |
| MANCHESTER BENEFITS GROUP INC3 | 40 DAHEIM ROAD MILLBROOK, NY 12545 | PRINCIPAL LIFE INSURANCE COMPANY | $7K | $1K | $8K | 4.07% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BLVD STE 200 HAUPPAUGE, NY 11788 | PRINCIPAL LIFE INSURANCE COMPANY | — | $6K | $6K | 2.87% |
| MANCHESTER BENEFITS GROUP INC3 Filed as: MANCHESTER BENEFITS GROUP INC. | 310 E 44TH STREET SUITE 1506 NEW YORK, NY 10017 | VISION SERVICE PLAN | $938 | — | $938 | 6.14% |
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 | 231 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 231 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 231 | $2.0M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 227 | $192K |
| Vision | VISION SERVICE PLAN | 105 | $15K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 231 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.