| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BUCKINGHAM INSURANCE SERVICES, INC.3 | 301 HYDE PARK DOYLESTOWN, PA 18902 | MUNICH REINSURANCE AMERICA, INC. | $19K | — | $19K | 6.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EMPIRE HEALTHCHOICE ASSURANCE, INC. EIN 23-7391136 NONE | Other services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Float revenue; Claims processing Service code 12 | — | $246K |
| LEONARD RICHMAN EIN 22-1522177 NONE | Plan Administrator Service code 14 | — | $60K |
| PHOENIX PBM EIN 45-3250131 NONE | Claims processing Service code 12 | — | $37K |
| BUCHBINDER TUNICK & CO. LLP EIN 13-1578842 NONE | Accounting (including auditing) Service code 10 | — | $25K |
| ORANSKY, SCARAGGI & BORG, PC EIN 22-3522685 NONE | Legal Service code 29 | — | $14K |
| MICHAEL A JACOBSON, CPA EIN 11-2516673 ACCOUNTANT OF RELATED ORG | Accounting (including auditing) Service code 10 | — | $5K |
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 | 398 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 398 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | HEALTHPLEX INSURANCE COMPANY | 397 | $96K |
| Stop-loss / reinsurancereinsurance | MUNICH REINSURANCE AMERICA, INC. | 388 | $318K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 397 | — |
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.