| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | $1.3M | — | $1.3M | 9.36% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $1.1M | $1.1M | 7.61% |
| AON CONSULTING INC4 Filed as: AON RISK SOLUTIONS | 897 12TH ST HAMMONTON, NJ 08037 | TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY | $649K | $393K | $1.0M | 7.62% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 08037 | TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY | — | $100K | $100K | 0.73% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $958K | $958K | 7.61% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 500 W MONROE ST, SUITE 2100 CHICAGO, IL 60661 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $717K | $717K | 5.70% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY-SCHENECTADY RD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $204K | $204K | 1.96% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | DELTA DENTAL OF NEW YORK | $42K | — | $42K | 0.44% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | $207K | — | $207K | 10.54% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY ROAD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $98K | $98K | 5.00% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 121102424 | FIRST UNUM LIFE INSURANCE COMPANY | — | $92K | $92K | 4.99% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 121102424 | FIRST UNUM LIFE INSURANCE COMPANY | — | $76K | $76K | 5.00% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER CONSUMER | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | UNIMERICA LIFE INSURANCE COMPANY OF NEW YORK | $120K | — | $120K | 14.91% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | $72K | — | $72K | 9.36% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $58K | $58K | 7.61% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $31K | $31K | 7.61% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 500 W MONROE ST, SUITE 2100 CHICAGO, IL 60661 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $21K | $21K | 5.30% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $13K | $13K | 7.61% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 500 W MONROE ST, SUITE 2100 CHICAGO, IL 60661 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $7K | $7K | 4.21% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $5K | $5K | 7.61% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 500 W MONROE ST, SUITE 2100 CHICAGO, IL 60661 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $2K | $2K | 2.75% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 500 W MONROE ST, SUITE 2100 CHICAGO, IL 60661 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $14K | $14K | 25.00% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 500 W MONROE ST, SUITE 2100 CHICAGO, IL 60661 | THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK | — | $10K | $10K | 25.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NYSUT EIN 14-1584772 EMP ORGANIZATION | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Other services Service code 15 | — | $6.4M |
| PJ GREEN INC EIN 16-0983758 | Participant communication; Direct payment from the plan; Other services Service code 38 | — | $512K |
| BENCHEMARK PRINTING INC EIN 14-1667467 | Participant communication; Direct payment from the plan; Copying and duplicating Service code 36 | — | $405K |
| NYSUT MEMBER BENEFITS CORPORATION EIN 26-3989358 WHOLLY OWNED SUBSIDIARY | Direct payment from the plan; Other services Service code 49 | — | $233K |
| STACEY BRAUN ASSOCIATES, INC EIN 13-2889432 | Soft dollars commissions; Investment advisory (plan); Direct payment from the plan Service code 27 | — | $214K |
| DAVIS VISION EIN 11-3051991 | Claims processing; Direct payment from the plan Service code 12 | — | $193K |
| PLANETARIUM, LLC EIN 45-4839735 | Direct payment from the plan; Consulting (general); Consulting fees Service code 16 | — | $57K |
| BUCHBINDER TUNICK & CO. LLP EIN 13-1578842 | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $50K |
| MEYER, SUOZZI, ENGLISH & KLEIN, PC EIN 11-2340639 | Legal; Direct payment from the plan Service code 29 | — | $46K |
| RUTH & CO. | Consulting (general); Consulting fees; Direct payment from the plan Service code 16 | 12 SYCAMORE STREET ALBANY, NY 12208 | $35K |
| SEGAL CONSULTING EIN 13-1835864 | Consulting fees; Consulting (general); Direct payment from the plan Service code 16 | — | $35K |
| WELLINGTON TRUST COMPANY EIN 04-2755549 | Investment management fees paid directly by plan; Direct payment from the plan; Investment management Service code 28 | — | $31K |
| BLITMAN & KING LLP EIN 16-1047304 | Direct payment from the plan; Legal Service code 29 | — | $30K |
| HERBERT L JAMISON & CO, LLC EIN 13-1684892 | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | — | $23K |
| CITY OF NEW YORK CONTRIBUTING EMPLOYER | Other services; Direct payment from the plan Service code 49 | 5 MANHATTAN WEST, 4TH FLOOR NEW YORK, NY 10001 | $21K |
| SEGAL SELECT INSURANCE SERVICES EIN 46-0619194 | Insurance brokerage commissions and fees; Insurance agents and brokers Service code 22 | — | $15K |
| TRANSFIRST EIN 32-0029227 | Other fees; Investment management fees paid indirectly by plan; Direct payment from the plan Service code 50 | — | $8K |
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 | 115,052 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 71,272 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 186,324 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | DELTA DENTAL OF NEW YORK | 18,652 | $14.0M |
| Vision | HM LIFE INSURANCE COMPANY | 2,475 | $312K |
| Life insurance(10 contracts, 4 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 98,740 | $43.7M |
| Short-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 7,186 | $1.5M |
| Long-term disability(3 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 7,186 | $4.3M |
| Other(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 55,336 | $12.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 98,740 | — |
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.