| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| QUANTUM FINANCIAL STRATEGIES3 | 100 S BEDFORD, STE 340 MT KISCO, NY 10549 | CIGNA LIFE INSURANCE CO. OF NEW YORK | $167K | $932 | $168K | 3.58% |
| QUANTUM FINANCIAL STRATEGIES3 | 118 N BEDFORD RD MOUNT KISCO, NY 10549 | AETNA LIFE INSURANCE COMPANY | $6K | — | $6K | 3.01% |
| QUANTUM FINANCIAL STRATEGIES3 | 118 N BEDFORD RD, STE 100 KISCO, NY 105492555 | METROPOLITAN LIFE INSURANCE COMPANY | $7K | $0 | $7K | 7.77% |
| QUANTUM FINANCIAL STRATEGIES3 | 118 N BEDFORD RD MOUNT KISCO, NY 10549 | METROPOLITAN LIFE INSURANCE COMPANY | $6K | — | $6K | 8.78% |
| QUANTUM FINANCIAL STRATEGIES3 | 118 N BEDFORD RD, STE 100 MT KISCO, NY 10549 | THE UNION LABOR LIFE INSURANCE COMPANY | $13K | $0 | $13K | 70.63% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CADARET GRANT & CO INC. EIN 22-2361254 INVESTMENT MANAGER | Investment advisory (plan); Investment management fees paid directly by plan Service code 27 | 100 MADISON ST, SUITE 1300 SYRACUSE, NY 13202 | $131K |
| RAYMOND AQUILINO EIN 13-5616752 TRUSTEE | Employee (plan); Plan Administrator; Direct payment from the plan Service code 14 | 108-15 CROSS BAY BOULEVARD OZONE PARK, NY 11417 | $128K |
| NANCY MARTINEZ EIN 13-5616752 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | 108-15 CROSS BAY BOULEVARD OZONE PARK, NY 11417 | $55K |
| HENRY J MCKAY EIN 13-5616752 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | 108-15 CROSS BAY BOULEVARD OZONE PARK, NY 11417 | $46K |
| CYNOMYS INC EIN 82-2668930 ACTUARY | Actuarial; Direct payment from the plan Service code 11 | 16170 POPPY SEED CIR, UNIT 902 DELRAY BEACH, FL 33484 | $42K |
| KMR SYSTEMS CORPORATION EIN 13-3192128 COMPUTER CONSULTANT | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | 6800 JERICHO TURNPIKE, SUITE 120W SYOSSET, NY 11791 | $42K |
| SLEVIN & HART PC EIN 52-1708613 LEGAL SERVICES | Legal; Direct payment from the plan Service code 29 | 14 WALL STREET, 20TH FLOOR NEW YORK, NY 10005 | $36K |
| WAGNER & ZWERMAN LLP EIN 11-2836481 ACCOUNTANT | Direct payment from the plan; Accounting (including auditing) Service code 10 | 201 OLD COUNTRY ROAD, SUITE 202 MELVILLE, NY 11747 | $19K |
| MOGILA LAW GROUP LLC EIN 87-2593727 LEGAL SERVICES | Legal; Direct payment from the plan Service code 29 | 5 PENN PLAZA NEW YORK, NY 10001 | $15K |
| TAMARA SMITH INC EIN 26-1565169 BOOKKEEPER | Accounting (including auditing); Direct payment from the plan Service code 10 | 425 N BROADWAY 367 JERICHO, NY 11753 | $10K |
| D.D. SERVICES, INC. EIN 11-2705347 DENTAL SERVICES ADMIN | Claims processing; Direct payment from the plan; Plan Administrator; Employee (plan) Service code 12 | 1640 HEMPSTEAD TPKE EAST MEADOW, NY 11554 | $8K |
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 | 477 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 477 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 2 carriers) | CIGNA LIFE INSURANCE CO. OF NEW YORK | 1,048 | $4.9M |
| Life insurance | THE UNION LABOR LIFE INSURANCE COMPANY | 359 | $19K |
| Short-term disability | THE UNION LABOR LIFE INSURANCE COMPANY | 96 | $77K |
| Prescription drug | CIGNA LIFE INSURANCE CO. OF NEW YORK | 681 | $4.7M |
| Other | THE UNION LABOR LIFE INSURANCE COMPANY | 96 | $77K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,048 | — |
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."
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.