| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CONTEMPORARY STRATEGIC SOLUTIONS | 19 WILLOW LANE SPRING LAKE HEIGHTS, NJ 07762 | UNION LABOR LIFE INSURANCE CO | $38K | — | $38K | 15.01% |
| INSURANCE DESIGN ADMINISTRATORS | 153 BAUER DR OAKLAND, NJ 07436 | UNION LABOR LIFE INSURANCE CO | $9K | — | $9K | 3.79% |
| ACRISURE LLC | 120 EAGLE ROCK AVE EAST HANOVER, NJ 07936 | METROPOLITAN LIFE INSURANCE CO | $4K | — | $4K | 21.66% |
| EMERSON REID LLC | 1787 SENTRY PKWY W BLUE BELL, PA 19422 | METROPOLITAN LIFE INSURANCE CO | $1K | — | $1K | 5.42% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| IDA SERVICES EIN 13-3155962 NONE | Claims processing Service code 12 | — | $54K |
| MARC GALLO EIN 22-1507478 EMPLOYEE | Plan Administrator; Employee (plan) Service code 14 | — | $35K |
| CHARLES ROLON JR EIN 22-1507478 EMPLOYEE | Employee (plan) Service code 30 | — | $29K |
| MORGAN STANLEY EIN 22-1003680 NONE | Custodial (securities) Service code 19 | — | $22K |
| OP&CM LOCAL UNION NO.29 EIN 22-1173365 NONE | Contract Administrator Service code 13 | — | $18K |
| ORANSKY SCARAGGI & BORG PC EIN 22-3522685 NONE | Legal Service code 29 | — | $6K |
| GERSON & ASSOCIATES NONE | Accounting (including auditing) Service code 10 | 201 W PASSAIC AVE ROCHELLE PARK, NJ 07662 | $6K |
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 | 81 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 81 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE CO | 81 | $19K |
| Stop-loss / reinsurancereinsurance | UNION LABOR LIFE INSURANCE CO | 81 | $250K |
| Other | METROPOLITAN LIFE INSURANCE CO | 81 | $19K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 81 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.