| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RMTS5 Filed as: RMTS ASSOCIATES LLC | 6 HARRISON STREET NEW YORK, NY 10013 | NEW YORK LIFE INSURANCE COMPANY | $5K | $5K | $9K | 16.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SHERRI L BOWE EIN 22-3611027 EMPLOYEE | Employee (plan) Service code 30 | — | $73K |
| TARYN B KRIN EIN 22-3611027 EMPLOYEE | Employee (plan) Service code 30 | — | $73K |
| ORANSKY, SCARAGGI, BORG EIN 22-2221479 NONE | Legal Service code 29 | — | $34K |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS EIN 22-2951202 NONE | Accounting (including auditing); Consulting (general) Service code 10 | — | $31K |
| PFM ADVISORS EIN 22-2393763 NONE | Investment advisory (plan) Service code 27 | — | $10K |
| GIMBEL ASSOCIATES NONE | Consulting fees Service code 70 | 21 LIGHTHOUSE ROAD 598 HITLON HEAD ISLAND, SC 29928 | $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 | 917 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 917 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | NEW YORK LIFE INSURANCE COMPANY | 918 | $58K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 918 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.