| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SYRACUSE SADA SERVICE CORP3 | 770 JAMS STREET SYRACUSE, NY 13203 | HARTFORD LIFE AND ACCIDENT | $2K | — | $2K | 13.12% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SYRACUSE SADA SERVICES CORP. EIN 16-1548260 SUBSIDIARY PLAN SPONSOR | Contract Administrator Service code 13 | 770 JAMES STREET SYRACUSE, NY 13203 | $63K |
| FREED MAXICK CPAS, P.C. EIN 45-4051133 ACCOUNTING | Accounting (including auditing) Service code 10 | 100 MERIDIAN CENTRE, SUITE 310 ROCHESTER, NY 14586 | $10K |
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 | 177 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 180 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | HARTFORD LIFE AND ACCIDENT | 98 | $13K |
| Other | HARTFORD LIFE AND ACCIDENT | 98 | $13K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 98 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.