| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AUSTIN & CO INC3 | 20 CORPORATE WOODS BLVD ALBANY, NY 12211 | HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC | $36K | — | $36K | 4.16% |
| AUSTIN & CO INC3 | 20 CORPORATE WOODS BLVD ALBANY, NY 12211 | EMPIRE HEALTHCHOICE ASSURANCE INC | $5K | $0 | $5K | 8.75% |
| NORVEST FINANCIAL SERVICES INC3 | 930 ALBANY SHAKER ROAD LATHAM, NY 12110 | STANDARD OF NEW YORK | $4K | $0 | $4K | 6.90% |
| NORVEST FINANCIAL SERVICES INC3 | 930 ALBANY SHAKER ROAD LATHAM, NY 12110 | STANDARD OF NEW YORK | $4K | $0 | $4K | 11.37% |
No Schedule C service providers reported on this filing.
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 | 97 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 98 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC | 123 | $929K |
| Dental | EMPIRE HEALTHCHOICE ASSURANCE INC | 123 | $59K |
| Vision | EMPIRE HEALTHCHOICE ASSURANCE INC | 123 | $59K |
| Life insurance | STANDARD OF NEW YORK | 91 | $53K |
| Long-term disability | STANDARD OF NEW YORK | 91 | $39K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 123 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.