| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WADE FINANCIAL INC.3 | 1225 SCARLET OAK DRIVE CHALFONT, PA 18914 | THE UNION LABOR LIFE INSURANCE COMPANY | $3K | — | $3K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENESYS EIN 38-2383171 NONE | Plan Administrator; Direct payment from the plan Service code 14 | — | $200K |
| SEGAL & COMPANY EIN 13-1835864 NONE | Consulting (general); Actuarial; Direct payment from the plan Service code 11 | — | $135K |
| SUSANIN, WIDMAN & BRENNAN P.C. EIN 23-2265950 NONE | Legal; Direct payment from the plan Service code 29 | — | $28K |
| MSPC EIN 22-2951202 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $23K |
| SIERRA INVESTMENT PARTNERS EIN 68-0370668 NONE | Investment management; Investment management fees paid directly by plan; Custodial (securities) Service code 19 | — | $14K |
| HOLROYD GELMAN, P.C. NONE | Legal; Direct payment from the plan Service code 29 | 2005 MARKET STREET, SUITE 920 PHILADELPHIA, PA 19103 | $12K |
| PFM ADVISORS EIN 23-3087064 NONE | Investment management fees paid directly by plan; Investment advisory (plan) Service code 27 | — | $8K |
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 | 644 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 644 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | INDEPENDENCE BLUE CROSS - PERSONAL CHOICE | 1,267 | $9.7M |
| Vision(2 contracts) | VISION BENEFITS OF AMERICA | 777 | $82K |
| Life insurance | THE UNION LABOR LIFE INSURANCE COMPANY | 1,587 | $54K |
| Prescription drug | INDEPENDENCE BLUE CROSS - PRESCRIPTION DRUG | 1,841 | $2.0M |
| Other | THE UNION LABOR LIFE INSURANCE COMPANY | 1,587 | $54K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,841 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.