| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RICHARD GABRIEL ASSOCIATES3 | 601 DRESHER ROAD SUITE 201 HORSHAM, PA 19044 | HARTFORD LIFE AND ACCIDENT | $22K | — | $22K | 12.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFIT PROCESSING, INC. EIN 23-2204388 NONE | Contract Administrator Service code 13 | — | $195K |
| ILA BENEFIT FUND OFFICE EIN 23-1734119 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $137K |
| BUCHANAN, INGERSOLL & ROONEY EIN 23-1698000 NONE | Legal Service code 29 | — | $33K |
| FISCHER DORWART, P.C. EIN 23-2247478 NONE | Accounting (including auditing) Service code 10 | — | $20K |
| HGK ASSET MANAGEMENT EIN 52-1296988 NONE | Investment management Service code 28 | — | $13K |
| PNC BANK EIN 23-2022561 NONE | Custodial (securities); Soft dollars commissions; Recordkeeping fees; Other fees; Account maintenance fees; Float revenue; Other investment fees and expenses Service code 19 | — | $11K |
| FREEDMAN & LORRY EIN 23-2158375 NONE | Legal 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 | 568 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 568 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | HARTFORD LIFE AND ACCIDENT | 568 | $185K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 568 | — |
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.