| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WESTCHESTER BENEFIT GROUP3 Filed as: WESTCHESTER BENEFIT GROUP INC | 500 SUMMIT LAKE DRIVE VALHALLA, NY 10595 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 8.37% |
| WESTCHESTER BENEFIT GROUP3 Filed as: WESTCHESTER BENEFIT GROUP INC | 500 SUMMIT LAKE DRIVE VALHALLA, NY 10595 | ANTHEM BLUE CROSS | $481 | — | $481 | 15.57% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BASIL CASTROVINCI ASSOCIATES NONE | Investment management fees paid directly by plan; Contract Administrator Service code 13 | 36 HOPATCHUNG ROAD HOPATCONG, NJ 07843 | $66K |
| TERESA SOZIO EIN 14-6022213 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $65K |
| TERESA KURTA EIN 14-6022213 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $61K |
| MSPC EIN 22-2951202 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $52K |
| BARNES IACCARINO & SHEPHERD LLP NONE | Legal; Direct payment from the plan Service code 29 | 258 SAW MILL RIVER ROAD ELMSFORD, NY 10523 | $41K |
| SUMMIT ACTUARIAL SERVICES LLC EIN 77-0645890 NONE | Actuarial; Investment management fees paid directly by plan Service code 11 | 115 N. CHURCH, SUITE 3 MOORESTOWN, NJ 08057 | $37K |
| STONE CASTLE REALTY EIN 13-2891975 RELATED FUND | Direct payment from the plan; Real estate brokerage Service code 32 | — | $21K |
| STACEY BRAUN ASSOCIATES, INC. EIN 13-2889432 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $19K |
| BANK OF NEW YORK MELLON EIN 13-5160382 NONE | Custodial (securities); Investment management fees paid directly by plan Service code 19 | — | $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 | 168 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 44 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 212 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | STANDARD INSURANCE COMPANY | 212 | $15K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 212 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.