| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMERSON REID LLC3 Filed as: EMERSON REID DBA TRA BENEFIT | 630 W GERMANTOWN PIKE PLYMOUTH MTG, PA 19462 | INDEPENDENCE BLUE CROSS | $72K | — | $72K | 4.85% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS OF NJ DBA AJM | 1317 ROUTE 73 STE 101 MOUNT LAUREL, NJ 08054 | METROPOLITAN LIFE INSURANCE COMPANY | $12K | — | $12K | 6.44% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO. INC. | 1787 SENTRY PKWY W STE 320 BLDG 16 BLUE BELL, PA 19422 | METROPOLITAN LIFE INSURANCE COMPANY | $10K | $724 | $11K | 5.47% |
| ASSUREDPARTNERS3 Filed as: ASSUREDPARTNERS OF NEW JERSEY | 20 COMMERCE DRIVE SUITE 200 CRANFORD, NJ 07016 | THE GUARDIAN LIFE INSURANCE COMPANY | $398 | $110 | $508 | 5.48% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY W VEVA SUITE 320 BLUE BELL, PA 19422 | THE GUARDIAN LIFE INSURANCE COMPANY | $131 | — | $131 | 1.41% |
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 | 339 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 31 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 371 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDEPENDENCE BLUE CROSS | 133 | $1.5M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 339 | $193K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY | 132 | $9K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 339 | $193K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 339 | $193K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 339 | $193K |
| Prescription drug | INDEPENDENCE BLUE CROSS | 133 | $1.5M |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 339 | $193K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 339 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.