| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMERSON REID LLC3 Filed as: EMERSON REID DBA TRA BENEFIT | 630 W. GERMANTOWN PIKE PLYMOUTH MEETING, PA 19462 | INDEPENDENCE BLUE CROSS - PERSONAL CHOICE | $65K | $0 | $65K | 7.00% |
| EMERSON REID LLC3 Filed as: EMERSON REID DBA TRA BENEFIT | 630 W. GERMANTOWN PIKE PLYMOUTH MEETING, PA 19462 | INDEPENDENCE BLUE CROSS - KEYSTONE | $37K | $0 | $37K | 6.73% |
| FIRST BUCKS LLC3 Filed as: FIRST BUCKS LLC T/A GMC INSURANCE | 1717 LANGHORNE NEWTOWN ROAD SUITE 403 LANGHORNE, PA 19047 | METROPOLITAN LIFE INSURANCE COMPANY | $11K | $10 | $11K | 7.58% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO. INC | 1787 SENTRY PKWY W BLUE BELL, PA 19422 | METROPOLITAN LIFE INSURANCE COMPANY | $7K | $1K | $9K | 6.13% |
| EMERSON REID LLC3 Filed as: EMERSON REID DBA TRA BENEFIT | 630 W. GERMANTOWN PIKE PLYMOUTH MEETING, PA 19462 | AMERIHEALTH | $368 | — | $368 | 6.28% |
| ARMFIELD HARRISON & THOMAS3 Filed as: ARMFIELD, HARRISON & THOMAS | 20 S. KING ST. LEESBURG, VA 20175 | ZURICH AMERICAN INSURANCE COMPANY | $195 | — | $195 | 15.02% |
No Schedule C service providers reported on this filing.
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 | 219 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 219 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | INDEPENDENCE BLUE CROSS - PERSONAL CHOICE | 118 | $1.5M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 252 | $141K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 252 | $141K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 252 | $141K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 252 | $141K |
| Prescription drug | INDEPENDENCE BLUE CROSS - PERSONAL CHOICE | 118 | $931K |
| Other(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 252 | $143K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 252 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.