| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RICHARD GABRIEL ASSOCIATES3 Filed as: RICHARD GABRIEL & ASSOCIATES | 601 DRESHER ROAD SUITE 201 HORSHAM, PA 19044 | SYMETRA LIFE INSURANCE COMPANY | $18K | — | $18K | 12.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFIT PROCESSING, INC. EIN 23-2204388 NONE | Contract Administrator Service code 13 | — | $179K |
| ILA BENEFIT FUND OFFICE EIN 23-1734119 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $112K |
| FISCHER DORWART, P.C. EIN 23-2247478 NONE | Accounting (including auditing) Service code 10 | — | $14K |
| PNC BANK EIN 23-2022561 NONE | Float revenue; Recordkeeping fees; Other fees; Soft dollars commissions; Account maintenance fees; Custodial (securities); Other investment fees and expenses Service code 19 | — | $11K |
| COZEN O'CONNOR NONE | Legal Service code 29 | 457 HADDONFIELD ROAD SUITE 300 CHERRY HILL, NJ 08002 | $10K |
| FREEDMAN & LORRY EIN 23-2158375 NONE | Legal Service code 29 | — | $10K |
| HGK ASSET MANAGEMENT EIN 52-1296988 NONE | Investment management Service code 28 | — | $9K |
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 | 629 | 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) | 629 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SYMETRA LIFE INSURANCE COMPANY | 629 | $150K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 629 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.