| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WALL, BRENDAN3 | 22 SOUTH HOLMDEL ROAD HOLMDEL, NJ 07733 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $169K | $20K | $188K | 4.96% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY, INC. | 400 POST AVE WESTBURY, NY 11590 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | — | $88K | $88K | 2.33% |
| ADIRONDACK TRUST COMPANY3 Filed as: ADIRONDACK TRUST CO FINANCIAL SRVCS | 31 CHURCH ST 4TH FL SARATOGA SPRINGS, NY 12866 | FIRST UNUM LIFE INSURANCE COMPANY | $6K | — | $6K | 14.18% |
| ADIRONDACK TRUST COMPANY3 Filed as: ADIRONDACK TRUST CO FINANCIAL SRVCS | 31 CHURCH ST 4TH FL SARATOGA SPRINGS, NY 12866 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | — | $2K | 9.41% |
| EMERSON REID LLC3 | EMPIRE STATE BUILDING 350 FIFTH AVENUE STE 3700 NEW YORK, NY 10018 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $57 | — | $57 | 0.31% |
| ADIRONDACK TRUST COMPANY3 Filed as: ADIRONDACK TRUST CO FINANCIAL SRVCS | 31 CHURCH ST 4TH FL SARATOGA SPRINGS, NY 12866 | FIRST UNUM LIFE INSURANCE COMPANY | $1K | — | $1K | 19.87% |
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 | 313 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 313 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 313 | $3.8M |
| Dental | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 313 | $3.8M |
| Vision | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 313 | $3.8M |
| Life insurance(4 contracts, 2 carriers) | FIRST UNUM LIFE INSURANCE COMPANY | 138 | $70K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 59 | $4K |
| Other(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 138 | $22K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 313 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.