| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BUCKINGHAM INSURANCE SERVICES, INC.3 Filed as: BUCKINGHAM INSURANCE SERVICES INC | 301 HYDE PARK DOYLESTOWN, PA 18902 | NATIONWIDE LIFE INSURANCE COMPANY | $112K | — | $112K | 4.69% |
| THE SEGAL COMPANY3 Filed as: THE SEGAL COMPANY - EASTERN STATES | 333 WEST 34TH STREET NEW YORK, NY 10001 | NATIONWIDE LIFE INSURANCE COMPANY | $67K | — | $67K | 2.79% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EMPIRE HEALTHCHOICE ASSURANCE INC EIN 23-7391136 NONE | Float revenue; Investment management fees paid indirectly by plan; Claims processing; Other services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Contract Administrator Service code 12 | — | $3.4M |
| CONGRESS ASSET MANAGEMENT COMPANY EIN 04-2848965 NONE | Investment management fees paid indirectly by plan; Investment management fees paid directly by plan; Soft dollars commissions; Investment management Service code 28 | — | $475K |
| WILLIAM FARANDA EIN 13-6674743 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $231K |
| THE SEGAL COMPANY (EASTERN STATES) EIN 13-1835864 NONE | Insurance brokerage commissions and fees; Actuarial; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 11 | — | $216K |
| SELE-DENT INC EIN 11-3310187 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $215K |
| SCHULTHEIS & PANETTIERI LLP EIN 13-1577780 AUDITOR | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $215K |
| SANDRA CHIN EIN 13-6674743 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $185K |
| KATHRYN FISLER EIN 13-6674743 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $157K |
| BUCKINGHAM INSURANCE SERVICES INC | Insurance brokerage commissions and fees Service code 53 | — | $112K |
| MPC CAPITAL ADVISORS LLC EIN 27-2136582 NONE | Investment advisory (plan); Investment management fees paid directly by plan Service code 27 | — | $100K |
| ANNETTE HASSELL EIN 13-6674743 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $99K |
| STACEY BRAUN ASSOCIATES INC EIN 13-2889432 NONE | Investment management fees paid directly by plan; Investment management fees paid indirectly by plan; Soft dollars commissions; Investment management Service code 28 | — | $98K |
| DATAPRISE INC EIN 52-1920434 NONE | Consulting fees; Direct payment from the plan Service code 50 | — | $83K |
| PROSKAUER ROSE LLP EIN 13-1840454 NONE | Legal; Direct payment from the plan Service code 29 | — | $80K |
| PITTA LLP EIN 26-3852082 ATTORNEY | Legal; Direct payment from the plan Service code 29 | — | $73K |
| JUDITH OWENS EIN 13-6674743 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $72K |
| SILVERCREST ASSET MANAGEMENT GROUP EIN 13-4194623 NONE | Investment management fees paid indirectly by plan; Soft dollars commissions; Investment management; Investment management fees paid directly by plan Service code 28 | — | $71K |
| MARGARITA IONESCU EIN 13-6674743 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $67K |
| THE SEGAL COMPANY | Insurance brokerage commissions and fees Service code 53 | — | $67K |
| JUDITH LOZANO EIN 13-6674743 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $64K |
| MILAGROS RIVERA EIN 13-6674743 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $61K |
| JP MORGAN CHASE EIN 13-4994650 NONE | Investment management fees paid indirectly by plan; Direct payment from the plan; Custodial (securities); Float revenue; Other investment fees and expenses Service code 19 | — | $48K |
| KMR SYSTEMS CORPORATION EIN 13-3192128 NONE | Consulting fees; Direct payment from the plan Service code 50 | — | $46K |
| SEGAL SELECT INSURANCE SERVICES INC | Insurance brokerage commissions and fees Service code 53 | — | $9K |
| SEGAL SELECT INSURANCE SERVICES EIN 46-0619194 NONE | Consulting (general); Insurance brokerage commissions and fees Service code 16 | — | $0 |
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 | 5,285 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,189 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 6,474 | Active + retired/separated + beneficiaries. No dependents. |
No Schedule A insurance contracts on this filing — typical of fully self-funded plans, where the only headcount is the Form 5500 number above.
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.