| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $2.0M | $2.0M | 7.61% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | — | $1.2M | $1.2M | 4.39% |
| AON CONSULTING INC4 Filed as: AON RISK SOLUTIONS | 897 12TH ST HAMMONTON, NJ 08037 | TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY | $461K | $286K | $748K | 6.91% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY | — | $100K | $100K | 0.92% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY-SCHENECTADY RD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $214K | $214K | 1.97% |
| NYSUT MEMBER BENEFITS TRUST | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | DELTA DENTAL OF NEW YORK | $58K | — | $58K | 0.54% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY ROAD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $224K | $224K | 5.02% |
| P&A ADMINISTRATIVE SERVICES3 Filed as: P&A ADMINISTRATIVE SERVICES, INC. | 17 COURT STREET, SUITE 500 BUFFALO, NY 14202 | METROPOLITAN LIFE INSURANCE COMPANY | — | $54K | $54K | 1.20% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | — | $264K | $264K | 10.56% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY ROAD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $126K | $126K | 5.03% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 121102424 | FIRST UNUM LIFE INSURANCE COMPANY | — | $98K | $98K | 4.84% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY ROAD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $142K | $142K | 7.61% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | — | $82K | $82K | 4.39% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 121102424 | FIRST UNUM LIFE INSURANCE COMPANY | $372K | -$151K | $221K | 13.40% |
| 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 | — | $6.2M |
| BENCHEMARK PRINTING INC EIN 14-1667467 | Direct payment from the plan; Copying and duplicating; Participant communication Service code 36 | — | $274K |
| DAVIS VISION EIN 11-3051991 | Direct payment from the plan; Other services; Claims processing Service code 12 | — | $201K |
| SOUDER'S LLC EIN 37-1427751 | Participant communication; Direct payment from the plan Service code 38 | — | $179K |
| STACEY BRAUN ASSOCIATES, INC EIN 13-2889432 | Soft dollars commissions; Direct payment from the plan; Investment advisory (plan) Service code 27 | — | $163K |
| NYSUT MEMBER BENEFITS CORPORATION EIN 26-3989358 WHOLLY OWNED SUBSIDIARY | Other services; Direct payment from the plan Service code 49 | — | $141K |
| PJ GREEN INC EIN 16-0983758 | Direct payment from the plan; Participant communication; Other services Service code 38 | — | $123K |
| SEGAL CONSULTING EIN 13-1835864 | Consulting (general); Actuarial; Direct payment from the plan; Consulting fees Service code 11 | — | $93K |
| BUCHBINDER TUNICK & CO. LLP EIN 13-1578842 | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $47K |
| WELLINGTON TRUST COMPANY EIN 04-2755549 | Direct payment from the plan; Investment management; Investment management fees paid directly by plan Service code 28 | — | $42K |
| BLITMAN & KING LLP EIN 16-1047304 | Direct payment from the plan; Legal Service code 29 | — | $40K |
| CITY OF NEW YORK CONTRIBUTING EMPLOYER | Direct payment from the plan; Other services Service code 49 | 450 WEST 33 ST, 4TH FLOOR NEW YORK, NY 10001 | $23K |
| LYNETTE METZ | Consulting (general); Direct payment from the plan; Consulting fees Service code 16 | 1258 STATE RT 147 AMSTERDAM, NY 12010 | $16K |
| SEGAL SELECT INSURANCE SERVICES EIN 46-0619194 | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | — | $15K |
| MEYER, SUOZZI, ENGLISH & KLEIN, PC EIN 11-2340639 | Legal; Direct payment from the plan Service code 29 | — | $13K |
| ASSURED PARTNERS JAMISON LLC EIN 13-1684892 | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | — | $11K |
| NBT BANK, N.A. EIN 15-0395735 | Direct payment from the plan; Other services Service code 49 | — | $6K |
| SEGAL MARCO ADVISORS | Investment advisory (plan); Other insurance fees and expenses; Direct payment from the plan Service code 27 | — | $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 | 107,711 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 72,321 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 180,032 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | DELTA DENTAL OF NEW YORK | 21,108 | $15.1M |
| Vision | HM LIFE INSURANCE COMPANY | 1,826 | $303K |
| Life insurance(4 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 94,059 | $41.4M |
| Short-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 7,780 | $1.6M |
| Long-term disability(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 7,780 | $4.1M |
| Other(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 53,079 | $12.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 94,059 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.