| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AP BENEFIT ADVISORS, LLC4 | 200 INTERNATIONAL CR SUITE 4500 HUNT VALLEY, MD 21031 | HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC. | $3K | — | $3K | 3.26% |
| AP BENEFIT ADVISORS, LLC3 | 7789 OSWEGO RD LIVERPOOL, NY 13090 | GUARDIAN | $4K | $663 | $4K | 11.16% |
| AP BENEFIT ADVISORS, LLC3 | 200 INTERNATIONAL CR SUITE 4500 HUNT VALLEY, MD 21031 | HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC. | $2K | — | $2K | 5.29% |
| AP BENEFIT ADVISORS, LLC3 | 7789 OSWEGO RD LIVERPOOL, NY 13090 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 10.00% |
| AP BENEFIT ADVISORS, LLC3 | 200 INTERNATIONAL CR SUITE 4500 HUNT VALLEY, MD 21031 | HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC | $258 | — | $258 | 8.27% |
| AP BENEFIT ADVISORS, LLC3 | 7789 OSWEGO ROAD LIVERPOOL, NY 13090 | HARTFORD LIFE AND ACCIDENT | $118 | — | $118 | 12.03% |
| AP BENEFIT ADVISORS, LLC3 | 10 NORTH PARK DRIVE, STE 200 HUNT VALLEY, MD 21030 | HARTFORD LIFE AND ACCIDENT | $13 | — | $13 | 1.33% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| GUARDIAN EIN 13-5123390 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $40K |
| BLITMAN & KING EIN 16-1047304 NONE | Legal; Direct payment from the plan Service code 29 | — | $23K |
| BONADIO & CO., LLP EIN 16-1131146 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $18K |
| MANNING & NAPIER ADVISORS, LLC EIN 45-3328488 NONE | Direct payment from the plan; Investment management fees paid directly by plan Service code 50 | — | $14K |
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 | 798 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 798 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(4 contracts, 2 carriers) | HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC. | 8 | $156K |
| Dental(2 contracts, 2 carriers) | GUARDIAN | 516 | $70K |
| Vision(2 contracts, 2 carriers) | INDEPENDENT HEALTH BENEFITS CORPORATION | 443 | $55K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 11 | $981 |
| Prescription drug | INDEPENDENT HEALTH BENEFITS CORPORATION | 3 | $30K |
| Other | HARTFORD LIFE AND ACCIDENT | 11 | $981 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 516 | — |
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.