| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PETER DERRENBACKER3 Filed as: PETER L DERRENBACKER | 34 ASPEN PARK BLVD EAST SYRACUSE, NY 13057 | HARTFORD LIFE AND ACCIDENT | $24K | — | $24K | 9.25% |
| PETER DERRENBACKER3 Filed as: PETER L DERRENBACKER | 34 ASPEN PARK BLVD EAST SYRACUSE, NY 13057 | SUN LIFE INSURANCE AND ANNUITY COMPANY OF NEW YORK | $6K | — | $6K | 6.99% |
| MGIS3 | 111 SOUTH MAIN STREET SUITE 400 SALT LAKE CITY, UT 841112176 | SUN LIFE INSURANCE AND ANNUITY COMPANY OF NEW YORK | — | $180 | $180 | 0.20% |
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 | 613 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 613 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SUN LIFE INSURANCE AND ANNUITY COMPANY OF NEW YORK | 609 | $90K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 613 | $261K |
| Other | SUN LIFE INSURANCE AND ANNUITY COMPANY OF NEW YORK | 609 | $90K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 613 | — |
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.