| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMERSON REID LLC3 | 100 SUMMIT LAKE DRIVE SUITE 10595 VALHALLA, NY 10595 | HARTFORD LIFE AND ACCIDENT | $6K | $2K | $8K | 18.10% |
| EMERSON REID LLC3 | EMPIRE STATE BLDG 350 5TH AVENUE STE 3700 NEW YORK, NY 10018 | HARTFORD LIFE AND ACCIDENT | $1K | $1K | $3K | 5.63% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ARIA EMPLOYEE BENEFIT SERVICES, INC EIN 46-0666897 NONE | Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | 371 MERRICK ROAD ROCKVILLE CENTRE, NY 11570 | $40K |
| FEDERATION PENSION BUREAU EIN 13-1787163 NONE | Consulting (general); Direct payment from the plan; Actuarial Service code 11 | 2870 HEMPSTEAD TKP SUITE 102 LEVITTOWN NY, NY 11756 | $22K |
| ROCCO J. RICCIARDI EIN 13-2906754 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | 100 QUENTIN ROOSEVELT BLVD GARDEN CITY, NY 11530 | $17K |
| GOULD KOBRICK & SCHLAPP PC EIN 13-3082707 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | 192 LEXINGTON AVENUE 7TH FL NEW YORK, NY 10016 | $16K |
| AMALGAMATED BANK OF NEW YORK EIN 13-4920330 NONE | Investment management; Custodial (securities); Investment management fees paid directly by plan Service code 19 | 275 7TH AVE NEW YORK, NY 10001 | $14K |
| ALLIED INTERNATIONAL UNION EIN 11-2633484 RELATED UNION | Direct payment from the plan; Other fees Service code 50 | 332 WILLIS AVE MINEOLA, NY 11501 | $12K |
| BARNES IACCARINO & SHEPHERD LLP EIN 26-3858697 NONE | Direct payment from the plan; Legal Service code 29 | 3 SURRY LANE HEMPSTEAD, NY 11550 | $9K |
| DAVID GREENWALD, ESQ. PLLC EIN 47-1236398 NONE | Direct payment from the plan; Legal Service code 29 | 1407 BROADWAY 28TH FLOOR NEW YORK, NY 10018 | $9K |
| REFINED NETWORKING NONE | Other services Service code 49 | 5 MADISON AVENUE JERICHO, NY 11753 | $7K |
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 | 1,098 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,098 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | HARTFORD LIFE AND ACCIDENT | 999 | $45K |
| Other | HARTFORD LIFE AND ACCIDENT | 999 | $45K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 999 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.