| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TITAN INS & EMPLOYEE BENEFITS3 Filed as: TITAN INSURANCE DBA US EMPL BEN SVC | 1 SOUTH CLINTON AVE ROCHESTER, NY 14604 | EXCELLUS BLUECROSS BLUESHIELD PLAN | $20K | — | $20K | 4.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| INTL ASSN LOCAL NO. 26 PENSION PLAN EIN 16-6028820 RELATED PARTY/SHARED EXP | Direct payment from the plan; Other services Service code 49 | — | $69K |
| BONADIO & CO., LLP EIN 16-1131146 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $15K |
| GALLAGHER BENEFIT SERVICES EIN 52-2200060 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $11K |
| IAOH&F INSULATORS LOCAL 26 EIN 16-6093637 RELATED PARTY/SHARED EXP | Direct payment from the plan; Other services Service code 49 | — | $8K |
| ROBERT PIZZO, ESQ. EIN 82-0553395 NONE | Legal; Direct payment from the plan Service code 29 | — | $6K |
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 | 54 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 22 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 76 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | EXCELLUS BLUECROSS BLUESHIELD PLAN | 37 | $605K |
| Dental | EXCELLUS BLUECROSS BLUESHIELD PLAN | 37 | $503K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 82 | $94K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 82 | $94K |
| Prescription drug(2 contracts, 2 carriers) | EXCELLUS BLUECROSS BLUESHIELD PLAN | 37 | $605K |
| Other | HARTFORD LIFE AND ACCIDENT | 82 | $94K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 82 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.