| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FIRST NIAGARA RISK MANAGEMENT3 | 1215 MANOR DR STE 200 MECHANICSBURG, PA 17055 | FIRST UNUM LIFE INSURANCE COMPANY | $9K | $3K | $12K | 5.59% |
| FIRST NIAGARA RISK MANAGEMENT3 Filed as: FIRST NIAGARA BENEFITS CONSULTING | 77 CANALVIEW BLVD, PO BOX 1010 ROCHESTER, NY 14623 | EXCELLUS BLUECROSS BLUESHIELD | $45K | $123K | $168K | 86.70% |
| FIRST NIAGARA RISK MANAGEMENT3 | 1215 MANOR DR STE 200 MECHANICSBURG, PA 17055 | FIRST UNUM LIFE INSURANCE COMPANY | $13K | $1K | $14K | 16.25% |
| FIRST NIAGARA RISK MANAGEMENT3 | 1215 MANOR DR STE 200 MECHANICSBURG, PA 17055 | FIRST UNUM LIFE INSURANCE COMPANY | $3K | $635 | $4K | 8.05% |
| FIRST NIAGARA RISK MANAGEMENT3 | 1215 MANOR DR STE 200 MECHANICSBURG, PA 17055 | FIRST UNUM LIFE INSURANCE COMPANY | $4K | $439 | $4K | 11.94% |
| FIRST NIAGARA RISK MANAGEMENT3 | 726 EXCHANGE STREET, SUITE 900 BUFFALO, NY 14210 | GUARDIAN | $5K | — | $5K | 24.24% |
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 | 311 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 311 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EXCELLUS BLUECROSS BLUESHIELD | 215 | $194K |
| Dental | GUARDIAN | 254 | $19K |
| Life insurance(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 306 | $137K |
| Short-term disability(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 311 | $243K |
| Long-term disability(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 311 | $243K |
| Prescription drug | EXCELLUS BLUECROSS BLUESHIELD | 215 | $194K |
| Stop-loss / reinsurancereinsurance | EXCELLUS BLUECROSS BLUESHIELD | 215 | $194K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 311 | — |
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.