| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES, INC.3 Filed as: ALLIANT INSURANCE SERVICES | 101 PARK AVE 14TH FLOOR NEW YORK, NY 10178 | SUN LIFE ASSURANCE CO., OF CANADA | $3K | — | $3K | 13.03% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALLEGIANCE BENEFIT PLAN MANAGEMENT EIN 81-0400550 CLAIMS ADMINISTRATOR | Claims processing; Plan Administrator Service code 12 | — | $65K |
| ALLEGIANCE BENEFIT MANAGEMENT PLAN EIN 81-0400550 CASE MANAGER | Contract Administrator Service code 13 | — | $14K |
| MORGAN STANLEY EIN 26-4310632 RIA | Other investment fees and expenses; Direct payment from the plan; Investment advisory (plan); Other services; Securities brokerage; Other commissions Service code 27 | 1030 BROAD STREET SHREWBURY, NJ 07702 | $13K |
| HOLMAN FRENIA ALLISON, CPA LLC EIN 22-3480145 AUDITOR | Accounting (including auditing) Service code 10 | 1985 CEDAR BRIDGE AVENUE SUITE 2 LAKEWOOD, NJ 08701 | $12K |
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 | 206 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 210 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SUN LIFE ASSURANCE COMPANY OF CANADA | 210 | $979K |
| Life insurance | SUN LIFE ASSURANCE CO., OF CANADA | 132 | $22K |
| Long-term disability | SUN LIFE ASSURANCE CO., OF CANADA | 132 | $22K |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 210 | $979K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 210 | — |
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 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.