| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FIRST BUCKS LLC3 Filed as: FIRST BUCKS LLC TA GMG INS. AGENCY | 1717 LANHORNE NEWTON RD STE 403 LANGHORNE, PR 19047 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | $2K | $7K | 5.95% |
| FLEXIBLE BENEFITS PLANS INC3 Filed as: FLEXIBLE BENEFITS PLANS, INC. | PO BOX 873 VALLEY FORGE, PA 19482 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $14 | $3K | 2.43% |
| FIRST BUCKS LLC T/A GANT MYERS3 | 1717 LANGHORNE NEWTON RD STE 430 NEWTOWN, PA 19407 | UNUM LIFE INSURANCE COMPANY | $6K | $0 | $6K | 9.22% |
| FIRST BUCKS LLC T/A GANT MYERS3 | 60 BLACKSMITH ROAD NEWTOWN, PA 18940 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $4K | $0 | $4K | 15.00% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY STE 320 BLUE BELL, PA 19422 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $0 | $1K | $1K | 5.00% |
| FIRST BUCKS LLC3 Filed as: FIRST BUCKS, LLC T/A GMG INSURANCE | 1717 LANGHORNE NEWTON ROAD LANGHORNE, PA 19047 | VISION BENEFITS OF AMERICA | $307 | $0 | $307 | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| INDEPENDENCE ADMINISTRATORS EIN 23-2184623 ADMIN | Claims processing Service code 12 | — | $59K |
| TRINITY BENEFIT ADVISORS BROKER | Insurance agents and brokers Service code 22 | 660 AMERICAN AVE. SUITE 101 KING OF PRUSSIA, PA 19406 | $45K |
| THE BENECON GROUP EIN 23-1315351 BROKER | Insurance agents and brokers Service code 22 | — | $18K |
| CONNECTCARE 3 EIN 26-1768616 PATIENT ADVOCATE | Other services Service code 49 | — | $6K |
| LIFEWORKS EIN 81-1114266 ADMIN | Claims processing Service code 12 | — | $2K |
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 | 130 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 133 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 276 | $115K |
| Vision | VISION BENEFITS OF AMERICA | 71 | $6K |
| Life insurance | UNUM LIFE INSURANCE COMPANY | 130 | $60K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY | 130 | $60K |
| Stop-loss / reinsurancereinsurance | EVEREST REINSURANCE COMPANY | 112 | $356K |
| Other(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY | 130 | $86K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 276 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.