| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LABOR FIRST LLC3 | 3000 MIDLANTIC DRIVE SUITE 101 MT. LAUREL, NJ 08054 | THE UNION LABOR LIFE INSURANCE COMPANY | — | — | $0 | 0.00% |
| MEEKER SHARKEY & HURLEY3 Filed as: MEEKER SHARKEY AND HURLEY | 645 MARTINSVILLE ROAD, 310 BASKING RIDGE, NJ 07920 | FEDERAL INSURANCE COMPANY | $3K | — | $3K | 15.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HORIZON BLUE CROSS BLUE SHIELD EIN 22-1412244 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $399K |
| LABOR FIRST MEDICAL COVERAGE | Insurance agents and brokers; Direct payment from the plan Service code 22 | 3000 MIDLANTIC DRIVE STE 101 MOUNT LAUREL, NJ 08054 | $296K |
| KIM E. DEVIZIO EIN 22-1516999 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | 136 MOUNT BETHEL ROAD WARREN, NJ 07060 | $115K |
| MARTA K TIRTADJAJA EIN 22-1516999 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | 136 MOUNT BETHEL ROAD WARREN, NJ 07060 | $77K |
| LORRIE RAMSEY EIN 22-1516999 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | 136 MOUNT BETHEL ROAD WARREN, NJ 07060 | $67K |
| MSPC CPAS & ADVISORS, P.C. EIN 22-2951202 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | 340 NORTH AVE CRANFORD, NJ 07016 | $56K |
| BOLTON PARTNERS NONE | Direct payment from the plan; Actuarial Service code 11 | 2277 STATE HWY 33, SUITE 409 TRENTON, NJ 08690 | $35K |
| PRUDENTIAL RETIREMENT INS & ANN CO. EIN 06-1050034 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | 280 TRUMBULL STREET HARTFORD, CT 06103 | $20K |
| MR. MICROCHIP SOFTWARE CENTER NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 15 | 1975 HEMPSTEAD TPKE, SUITE 406 EAST MEADOW, NY 11554 | $19K |
| LINDABURY MCCORMICK ESTABROOK EIN 22-1943351 NONE | Legal; Direct payment from the plan Service code 29 | 53 CARDINAL DRIVE WESTFIELD, NJ 10122 | $11K |
| LARRY MAGARIK, ESQ NONE | Legal; Direct payment from the plan Service code 29 | 80 EIGHTH AVENUE, SUITE 901 NEW YORK, NY 100117175 | $9K |
| OPTUM RX PRESCRIPTION PROVIDER | Insurance agents and brokers; Direct payment from the plan Service code 22 | 11000 OPTUM CIRCLE EDEN PRAIRIE, MN 55344 | $8K |
| J2 GLOBAL INC. D/B/A KEEPITSAFE NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | P.O. BOX 101672 PASADENA, CA 911891672 | $7K |
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 | 450 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 431 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 881 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Prescription drug | SIERRA HEALTH & LIFE INSURANCE COMPANY, INC | 495 | $1.6M |
| Stop-loss / reinsurancereinsurance | THE UNION LABOR LIFE INSURANCE COMPANY | 561 | $169K |
| Other | FEDERAL INSURANCE COMPANY | 450 | $22K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 561 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.