| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MSM GENERAL AGENCY INC3 | PO BOX 060470 STATEN ISLAND, NY 10306 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | — | $27K | $27K | 5.08% |
| MSM GENERAL AGENCY INC3 | PO BOX 060470 STATEN ISLAND, NY 10306 | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | — | — | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NYHTC - HEALTH CENTER, INC. EIN 13-1595091 RELATED FUND | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $11.0M |
| EMPIRE BLUECROSS/BLUESHIELD EIN 23-7391136 CLAIMS PROCESSOR | Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Other services; Investment management fees paid directly by plan; Float revenue; Claims processing Service code 12 | 1 LIBERTY STREET NEW YORK, NY 10006 | $7.7M |
| HACELS LLC LANDLORD | Direct payment from the plan; Other fees Service code 50 | 709 EIGHTH AVENUE NEW YORK, NY 10016 | $1.3M |
| CONNECT YOUR CARE CLAIMS PROCESSOR | Claims processing; Direct payment from the plan Service code 12 | 307 INTERNATIONAL CIRCLE COCKEYSVILLE, MD 21030 | $454K |
| PITTA LLP EIN 26-3852082 ATTORNEY | Legal; Direct payment from the plan Service code 29 | — | $318K |
| THE SEGAL COMPANY EIN 13-1835864 ACTUARY | Direct payment from the plan; Actuarial Service code 11 | — | $219K |
| ELLENOFF GROSSMAN & SCHOLE LLP ATTORNEY | Legal; Direct payment from the plan Service code 29 | 1345 SIXTH AVENUE NEW YORK, NY 10105 | $201K |
| BMS CAPITAL PARTNERS CONSULTING | Direct payment from the plan; Consulting (pension) Service code 17 | 757 3RD AVENUE , 22ND FLOOR NEW YORK, NY 10017 | $156K |
| CHANGE HEALTHCARE EIN 81-3611560 DATA PROCESSOR | Direct payment from the plan; Consulting fees; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | PO BOX 403421 ATLANTA, GA 30384 | $141K |
| THE BLOOM ORGANIZATION LLC CONSULTING | Direct payment from the plan; Consulting (pension) Service code 17 | 1010 S. FEDERAL HIGHWAY, SUITE 2804 HALLANDALE BEACH, FL 33009 | $108K |
| MSPC CPAS & ADVISORS EIN 22-2951202 AUDITOR | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $98K |
| RNK & ASSOCIATES EIN 26-2567636 AUDITOR | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $73K |
| MORGAN STANLEY INVESTMENT ADVISOR | Direct payment from the plan; Investment advisory (plan) Service code 27 | 1300 THAMES STREET WHARF BALTIMORE, MD 212319907 | $54K |
| KANE KESSLER, PC EIN 13-2672411 ATTORNEY | Direct payment from the plan; Legal Service code 29 | — | $48K |
| IRON MOUNTAIN INTELLECTUAL STORAGE SERVICES | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | PO BOX 27131 NEW YORK, NY 10087 | $32K |
| THE VANGUARD GROUP INC EIN 23-1945930 INVESTMENT MANAGER | Investment management; Investment management fees paid directly by plan Service code 28 | — | $29K |
| ROBERT HALF RECRUITER | Other services; Direct payment from the plan Service code 49 | 165 BROADWAY, SUITE 2710 NEW YORK, NY 10006 | $25K |
| AUTOMATIC DATA PROCESSING INC. EIN 13-3036745 PAYROLL PROCESSOR | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $23K |
| OFFICE OF THE IMPARTIAL CHAIRPERSON EIN 13-1931878 ARBITRATOR | Direct payment from the plan; Legal Service code 29 | 321 WEST 44TH STREET, SUITE 400 NEW YORK, NY 10036 | $18K |
| BLACKROCK ADVISOR INVESTMENT MANAGER | Investment management; Investment management fees paid directly by plan Service code 28 | 100 BELLEVUE PARKWAY WILMINGTON, DE 19809 | $13K |
| ABBATE DEMARINIS CPAS EIN 20-4943540 ACCOUNTANT | Accounting (including auditing); Direct payment from the plan Service code 10 | 377 OAK STREET, SUITE 209 GARDEN CITY, NY 11530 | $10K |
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 | 22,418 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 22,418 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | 21,087 | $532K |
| Other | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | 0 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 21,087 | — |
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.