| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSHALL & STERLING EMPLOYEE BENEFI3 | 110 MAIN ST POUGHKEEPSIE, NY 12601 | MVP HEALTH CARE | $29K | — | $29K | 4.00% |
| MARSHALL & STERLING EMPLOYEE BENEFI3 | 110 MAIN ST POUGHKEEPSIE, NY 12601 | CAPITAL DISTRICT PHYSICIANS HEALTH PLAN INC. | $4K | — | $4K | 4.36% |
| MARSHALL & STERLING EMPLOYEE BENEFI3 | 110 MAIN ST POUGHKEEPSIE, NY 12601 | GUARDIAN | $3K | $2K | $5K | 14.70% |
| MARSHALL & STERLING EMPLOYEE BENEFI3 | 110 MAIN ST POUGHKEEPSIE, NY 12601 | ANTHEM LIFE & DISABILITY INSURANCE COMPANY | $5K | $2K | $6K | 32.36% |
| FNA INSURANCE SERVICES INC3 Filed as: FNA INSURANCE SERVICES | 1000 WOODBURY RD, SUITE 403 WOODBURY, NY 11797 | ANTHEM LIFE & DISABILITY INSURANCE COMPANY | — | $3K | $3K | 15.04% |
| MARSHALL & STERLING EMPLOYEE BENEFI3 | 110 MAIN ST POUGHKEEPSIE, NY 12601 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $433 | $203 | $636 | 17.97% |
| FNA INSURANCE SERVICES INC3 Filed as: FNA INSURANCE SERVICES | 1000 WOODBURY RD WOODBURY, NY 11797 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | — | $255 | $255 | 7.21% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS EIN 52-1590516 NONE | Plan Administrator Service code 14 | — | $36K |
| MARSHALL & STERLING EMPLOYEE BENEFI EIN 14-0865370 NONE | Insurance agents and brokers; Claims processing Service code 12 | — | $26K |
| MERRILL LYNCH PIERCE FENNER & SMITH EIN 13-5674085 NONE | Investment advisory (plan) Service code 27 | — | $16K |
| TEAL, BECKER & CHIARAMONTE CPAS EIN 14-1624930 NONE | Accounting (including auditing) Service code 10 | — | $15K |
| WESTERN ASSET MULTI CORE PLUS EIN 13-3985152 NONE | Investment management Service code 28 | — | $7K |
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 | 146 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 61 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 207 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | MVP HEALTH CARE | 73 | $813K |
| Dental | GUARDIAN | 53 | $33K |
| Vision | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 75 | $4K |
| Life insurance | ANTHEM LIFE & DISABILITY INSURANCE COMPANY | 184 | $20K |
| Short-term disability | ANTHEM LIFE & DISABILITY INSURANCE COMPANY | 116 | $27K |
| Prescription drug(2 contracts, 2 carriers) | MVP HEALTH CARE | 73 | $813K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 184 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.