| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INTERNATIONAL BENEFITS ADMIN3 Filed as: INTERNATIONAL BENEFITS ADMIN-STOP | 100 GARDEN CITY PLAZA SUITE 100 GARDEN CITY, NY 11530 | INTERNATIONAL BENEFITS ADMINISTRATORS, LLC | $24K | $43K | $67K | 32.22% |
| THE HABERMAN GROUP INC3 Filed as: THE HABERMAN GROUP | 145 MARCUS BLVD SUITE 4 HAUPPAUGE, NY 11788 | INTERNATIONAL BENEFITS ADMINISTRATORS, LLC | $33K | — | $33K | 15.87% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 200 FLORHAM PARK, NJ 07932 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $5K | $196 | $5K | 10.50% |
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 | 409 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 415 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INTERNATIONAL BENEFITS ADMINISTRATORS, LLC | 116 | $208K |
| Dental | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 463 | $50K |
| Vision | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 463 | $50K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 463 | $50K |
| Stop-loss / reinsurancereinsurance | INTERNATIONAL BENEFITS ADMINISTRATORS, LLC | 116 | $208K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 463 | $50K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 463 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.