| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ACRISURE LLC3 | 5664 PRAIRIE CREEK DR SE CALEDONIA, MI 49316 | LINCOLN LIFE AND ANNUITY COMPANY OF NEW YORK | $4K | $3K | $7K | 18.03% |
| EMERSON REID LLC3 | 1787 SENTRY PWY W VEVA 16 # 320 BLUE BELL, PA 19422 | LINCOLN LIFE AND ANNUITY COMPANY OF NEW YORK | — | $2K | $2K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| RAYMOND PAPALEO EIN 13-6118802 NONE | Employee (plan) Service code 30 | — | $58K |
| BUCHBINDER TUNICK & CO LLP EIN 13-1578842 ACCOUNTANT OF RELATED ORG | Accounting (including auditing) Service code 10 | — | $35K |
| PROSKAUER ROSE LLP EIN 13-1840454 COUNSEL-REL'D ORG'N | Legal Service code 29 | — | $23K |
| MANNING & NAPIER ADVISORS LLC EIN 45-3328488 INVST. MGR OF RELATED ORG | Investment management Service code 28 | — | $16K |
| EMPIRE HEALTH CHOICE ASSURANCE INC. EIN 23-7391136 NONE | Claims processing Service code 12 | — | $13K |
| 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 | 456 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 456 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Long-term disability | LINCOLN LIFE AND ANNUITY COMPANY OF NEW YORK | 452 | $40K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 452 | — |
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.
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.