| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE SEGAL COMPANY3 Filed as: SEGAL (NEW YORK) | 333 WEST 34TH STREET NEW YORK, NY 10001 | AMALGAMATED LIFE INSURANCE COMPANY | $27K | — | $27K | 15.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| QUALCARE, INC. EIN 22-3129563 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $109K |
| MERRILL LYNCH PIERCE FENNER & SMITH EIN 13-5674085 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $62K |
| GENERAL PRESCRIPTION PROGRAMS, INC EIN 13-3271051 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $38K |
| MSPC EIN 22-2951202 ACCT FOR LOCAL 560 | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $37K |
| ROSALIND TOMEIO EIN 22-6172437 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $35K |
| THE SEGAL COMPANY EIN 13-1835864 NONE | Actuarial; Direct payment from the plan; Insurance brokerage commissions and fees Service code 11 | — | $33K |
| OPPENHEIMER & CO., INC. EIN 13-5657518 NONE | Investment advisory (plan); Investment management fees paid directly by plan Service code 27 | — | $15K |
| DELTA DENTAL EIN 22-1896118 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $10K |
| ZAZZALI, FAGELLA, NOWAK, KLEINBAUM EIN 22-1973215 NONE | Legal; Direct payment from the plan Service code 29 | — | $10K |
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 | 168 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 351 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 519 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 176 | $27K |
| Stop-loss / reinsurancereinsurance | AMALGAMATED LIFE INSURANCE COMPANY | 181 | $181K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 176 | $27K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 181 | — |
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.