| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MVP BENEFIT GROUP INCORPORATED3 | 625 STATE STREET SCHENECTADY, NY 12305 | HCC LIFE INSURANCE COMPANY | $25K | — | $25K | 5.00% |
| BROWN AND BROWN OF FLORIDA, INC.3 Filed as: BROWN & BROWN OF NEW YORK, INC. | 500 PLUM ST SUITE 200 SYRACUSE, NY 13204 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $8K | $9K | $17K | 10.55% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MVP HEALTH CARE, INC. EIN 14-1640868 NONE | Claims processing Service code 12 | — | $1.4M |
| MILLIMAN, INC EIN 91-0675641 NONE | Actuarial Service code 11 | — | $286K |
| NBT BANK, N.A. EIN 15-0395735 NONE | Custodial (securities) Service code 19 | — | $267K |
| FIRLEY, MORAN, FREER & EASSA,CPA,PC EIN 16-1148763 NONE | Accounting (including auditing) Service code 10 | — | $176K |
| QCI ASSET MANAGEMENT, INC. EIN 16-1045618 NONE | Investment advisory (plan) Service code 27 | — | $170K |
| EARNEST PARTNERS, LLC EIN 58-2386669 NONE | Investment management Service code 28 | — | $155K |
| LAZARD ASSET MANAGEMENT LLC EIN 05-0530199 NONE | Investment management Service code 28 | — | $116K |
| ANCHOR CAPITAL ADVISORS, INC. EIN 04-2801194 NONE | Investment management Service code 28 | — | $88K |
| CLEARBRIDGE INVESTMENTS, LLC EIN 01-0846058 NONE | Investment management Service code 28 | — | $87K |
| AGINCOURT CAPITAL MANAGEMENT EIN 54-1947440 NONE | Investment management Service code 28 | — | $84K |
| GAMCO ASSET MANAGEMENT INC EIN 13-4044521 NONE | Investment management Service code 28 | — | $80K |
| 12 CHESTNUT, LLC EIN 82-3643593 NONE | Consulting (general) Service code 16 | — | $80K |
| BECKER CAPITAL MANAGEMENT EIN 93-0663104 NONE | Investment management Service code 28 | — | $68K |
| GAYLE CHURCHILL EIN 03-8327789 NONE | Consulting (general) Service code 16 | — | $43K |
| BROWN & BROWN OF NEW YORK, INC. EIN 58-1510477 NONE | Insurance agents and brokers Service code 22 | — | $23K |
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 | 1,038 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,038 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 1,015 | $165K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 1,019 | $498K |
| Other | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 1,015 | $165K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,019 | — |
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.