| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE DBL CENTER LTD3 Filed as: DBL CENTER, LTD | 155 PINELAWN RD STE 120S MELVILLE, NY 11747 | HARTFORD LIFE AND ACCIDENT | $4K | $6K | $10K | 12.17% |
| MICHAEL S COHEN3 | 1 DIONNE COURT NORTHPORT, NY 11768 | HARTFORD LIFE AND ACCIDENT | $446 | — | $446 | 0.54% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| RAYMOND PAPALEO EIN 13-6118802 NONE | Employee (plan) Service code 30 | — | $56K |
| BUCHBINDER TUNICK & CO LLP EIN 13-1578842 ACCOUNTANT OF RELATED ORG | Accounting (including auditing) Service code 10 | — | $37K |
| EMPIRE HEALTH CHOICE ASSURANCE INC. EIN 23-7391136 NONE | Claims processing Service code 12 | — | $16K |
| MANNING & NAPIER ADVISORS LLC EIN 45-3328488 INVST. MGR OF RELATED ORG | Investment management Service code 28 | — | $15K |
| MICHAEL A. JACOBSON CPA EIN 11-2516673 ACCOUNTANT OF RELATED ORG | Accounting (including auditing) Service code 10 | — | $10K |
| MERRILL LYNCH EIN 13-5674085 NONE | Custodial (securities) Service code 19 | — | $9K |
| DICKINSON GROUP, LLC EIN 20-1241472 CONSULTANT OF RELATED ORG | Actuarial Service code 11 | — | $5K |
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 | 463 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 463 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 170 | $83K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 170 | — |
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.