| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $2.3M | $2.3M | 8.57% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | — | $1.6M | $1.6M | 5.92% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY-SCHENECTADY RD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $260K | $260K | 2.30% |
| AON CONSULTING INC4 Filed as: AON RISK SOLUTIONS | 897 12TH ST HAMMONTON, NJ 08037 | TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY | $425K | $285K | $710K | 6.29% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY | — | $100K | $100K | 0.89% |
| RIDGEMONT INC. | 48 RIDGEMONT DRIVE HOPEWELL JUNCTION, NY 12533 | DELTA DENTAL OF NEW YORK | $5K | — | $5K | 0.05% |
| NYSUT MEMBER BENEFITS TRUST | 800 TROY SCHENECTADY RD LATHAM, NY 12110 | DELTA DENTAL OF NEW YORK | $317 | — | $317 | 0.00% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY ROAD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $230K | $230K | 5.00% |
| 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 | 1.18% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | — | $254K | $254K | 10.96% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY ROAD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $116K | $116K | 5.00% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY ROAD LATHAM, NY 12110 | METROPOLITAN LIFE INSURANCE COMPANY | — | $194K | $194K | 8.57% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFIT ADMIN LLC | 12421 MEREDITH DRIVE URBANDALE, IA 50398 | METROPOLITAN LIFE INSURANCE COMPANY | — | $134K | $134K | 5.92% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 121102424 | FIRST UNUM LIFE INSURANCE COMPANY | — | $99K | $99K | 5.00% |
| NYSUT MEMBER BENEFITS TRUST2 | 800 TROY SCHENECTADY RD LATHAM, NY 121102424 | FIRST UNUM LIFE INSURANCE COMPANY | -$304K | $278K | -$27K | -1.63% |
| 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 | — | $6.3M |
| BENCHEMARK PRINTING INC EIN 14-1667467 | Direct payment from the plan; Copying and duplicating; Participant communication Service code 36 | — | $360K |
| NYSUT MEMBER BENEFITS CORPORATION EIN 26-3989358 WHOLLY OWNED SUBSIDIARY | Direct payment from the plan; Other services Service code 49 | — | $225K |
| DAVIS VISION EIN 11-3051991 | Claims processing; Other services; Direct payment from the plan Service code 12 | — | $199K |
| STACEY BRAUN ASSOCIATES, INC EIN 13-2889432 | Direct payment from the plan; Soft dollars commissions; Investment advisory (plan) Service code 27 | — | $191K |
| PJ GREEN INC EIN 16-0983758 | Participant communication; Other services; Direct payment from the plan Service code 38 | — | $153K |
| THE SEGAL COMPANY (EASTERN STATES) EIN 13-1835864 | Consulting fees; Actuarial; Consulting (general); Direct payment from the plan Service code 11 | — | $84K |
| BUCHBINDER TUNICK & CO. LLP EIN 13-1578842 | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $50K |
| WELLINGTON TRUST COMPANY EIN 04-2755549 | Investment management; Direct payment from the plan; Investment management fees paid directly by plan Service code 28 | — | $47K |
| BLITMAN & KING LLP EIN 16-1047304 | Direct payment from the plan; Legal Service code 29 | — | $33K |
| SEGAL MARCO ADVISORS EIN 13-2646110 | Investment advisory (plan); Direct payment from the plan Service code 27 | — | $25K |
| 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 | $17K |
| SEGAL SELECT INSURANCE SERVICES EIN 46-0619194 | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | — | $15K |
| HALO BRANDED SOLUTIONS, INC. EIN 03-0509520 | Direct payment from the plan; Participant communication Service code 38 | — | $11K |
| MEYER, SUOZZI, ENGLISH & KLEIN, PC EIN 11-2340639 | Legal; Direct payment from the plan Service code 29 | — | $11K |
| SOUDER'S LLC EIN 37-1427751 | Direct payment from the plan; Participant communication Service code 38 | — | $9K |
| THE KIPLINGER WASHINGTON EDITORS EIN 53-0094610 | Direct payment from the plan; Participant communication; Other services Service code 38 | — | $9K |
| NBT BANK, N.A. EIN 15-0395735 | Direct payment from the plan; Other services Service code 49 | — | $8K |
| REDESIGNING WELLNESS, INC. EIN 81-2263579 | Participant communication; Direct payment from the plan; Other services Service code 38 | — | $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 | 99,313 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 72,706 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 172,019 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | DELTA DENTAL OF NEW YORK | 21,189 | $15.0M |
| Vision | HM LIFE INSURANCE COMPANY | 2,025 | $292K |
| Life insurance(4 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 88,282 | $42.3M |
| Short-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 7,869 | $1.6M |
| Long-term disability(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 7,869 | $4.0M |
| Other(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 50,103 | $13.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 88,282 | — |
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.