| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LABOR FIRST LLC3 Filed as: LABOR-FIRST LLC | 3000 MIDLANTIC DRIVE SUITE 101 MOUNT LAUREL, NJ 08054 | HUMANA INSURANCE COMPANY | $17K | — | $17K | 4.57% |
| LABOR FIRST LLC3 Filed as: LABOR-FIRST LLC | 300 MIDLANTIC DRIVE SUITE 101 MOUNT LAUREL, NJ 08054 | HUMANA INSURANCE COMPANY OF NEW YORK | $150 | — | $150 | 4.56% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LABOR-FIRST LLC NONE | Direct payment from the plan; Contract Administrator Service code 13 | 3000 MIDLANTIC DRIVE SUITE 101 MOUNT LAUREL, NJ 08054 | $163K |
| IRON WORKERS LOCAL 401 EIN 23-0724500 LOCAL UNION | Direct payment from the plan; Plan Administrator Service code 14 | — | $28K |
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 | 350 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 350 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | SIERRA HEALTH AND LIFE INSURANCE COMPANY | 362 | $482K |
| Prescription drug(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 344 | $385K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 362 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.