| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMPLOYEE BENEFIT CONCEPTS INC.3 | 1900 RIDGE ROAD WEST SENECA, NY 14224 | NOVA HEALTHCARE ADMINISTRATORS | — | $34K | $34K | 22.40% |
| EMPLOYEE BENEFIT CONCEPTS INC.3 | 1900 RIDGE ROAD WEST SENECA, NY 14224 | METROPOLITAN LIFE INSURANCE COMPANY | $7K | $30 | $7K | 5.56% |
| EMPLOYEE BENEFIT CONCEPTS INC.3 | 301 OHIO STREET, STE 250 BUFFALO, NY 14204 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $3K | — | $3K | 11.32% |
| ALLIANCE ADVISORY GRP INC3 Filed as: ALLIANCE ADVISORY GROUP INC | 600 DELAWARE AVENUE BUFFALO, NY 14202 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $187 | — | $187 | 0.71% |
| EMPLOYEE BENEFIT CONCEPTS INC.3 | 301 OHIO STREET, STE 250 BUFFALO, NY 14204 | FIRST UNUM LIFE INSURANCE COMPANY | $3K | — | $3K | 14.97% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NOVA HEATHCARE ADMINISTATORS | Claims processing Service code 12 | 6400 MAIN ST 210 WILLIAMSVILLE, NY 14211 | $9K |
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 | 266 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 266 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 266 | $125K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 22 | $26K |
| Life insurance(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 266 | $151K |
| Short-term disability(2 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 87 | $45K |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 22 | $26K |
| Stop-loss / reinsurancereinsurance | NOVA HEALTHCARE ADMINISTRATORS | 132 | $154K |
| Other(3 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 266 | $170K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 266 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.