| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ROBERT BERGMAN3 | 123 KILBURN DRIVE CHERRY HILL, NJ 08003 | AMALGAMATED LIFE INSURANCE COMPANY | $30K | — | $30K | 8.00% |
| ROBERT BERGMAN3 | 123 KILBURN DRIVE CHERRY HILL, NJ 08003 | AMALGAMATED LIFE INSURANCE COMPANY | $8K | — | $8K | 8.00% |
| JOHN H BLASCH3 | 71 BEECHWOOD LANE BERKELEY HEIGHTS, NJ 07922 | AMALGAMATED LIFE INSURANCE COMPANY | $4K | — | $4K | 4.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MANUFACTURERS & TRADERS TRUST CO EIN 16-0538020 NONE | Investment management Service code 28 | — | $24K |
| TRONCONI SEGARRA & ASSOCIATES, LLP EIN 04-3728817 NONE | Accounting (including auditing) Service code 10 | — | $19K |
| LIPSITZ, GREEN, SCIME, CAMBRIA LLP EIN 16-0905097 NONE | Legal Service code 29 | — | $16K |
| SEGAL CONSULTING EIN 13-1835864 NONE | Actuarial Service code 11 | — | $13K |
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 | 298 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 49 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 347 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNIVERA HEALTHCARE | 5 | $26K |
| Dental | UNIVERA HEALTHCARE | 5 | $26K |
| Life insurance | AMALGAMATED LIFE INSURANCE COMPANY | 428 | $103K |
| Prescription drug | UNIVERA HEALTHCARE | 5 | $26K |
| Stop-loss / reinsurancereinsurance | AMALGAMATED LIFE INSURANCE COMPANY | 304 | $372K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 428 | — |
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.