| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LACHER AND ASSOCIATES INSURANCE3 Filed as: LACHER & ASSOCIATES INS. AGENCY INC | 632 EAST BROAD STREET SOUDERTON, PA 18964 | GUARDIAN LIFE INSUANCE CO OF AMERICA | — | $1K | $1K | 5.05% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| INDEPENDENT ADMINISTRATORS EIN 23-2184623 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing Service code 12 | — | $540K |
| AMERIHEALTH ADMINISTRATORS EIN 23-2521508 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $106K |
| LACHER & ASSOCIATES INS. AGENCY INC EIN 23-2134092 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $101K |
| IBEW LOCAL UNION NO. 126 EIN 23-1302203 RELATED | Direct payment from the plan; Contract Administrator Service code 13 | — | $91K |
| DELTA DENTAL OF PENNSYLVANIA EIN 23-1667011 NONE | Contract Administrator Service code 13 | — | $47K |
| CLEARY & JOSEM LLP EIN 23-2657967 NONE | Legal; Direct payment from the plan Service code 29 | — | $44K |
| NOVAK FRANCELLA, LLC EIN 61-1436956 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $37K |
| WELLS FARGO BANK EIN 56-1354495 NONE | Direct payment from the plan; Custodial (other than securities) Service code 18 | — | $33K |
| GUARDIAN EIN 13-5123390 NONE | Contract Administrator; Direct payment from the plan Service code 13 | — | $24K |
| BMI AUDIT SERVICES NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | 202 S. MICHIGAN ST 200 SOUTH BEND, IN 46601 | $20K |
| ISSI EIN 23-2182079 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $17K |
| TRUVERIS NONE | Direct payment from the plan; Contract Administrator Service code 13 | 2 PARK AVE 1500 NEW YORK, NY 10016 | $16K |
| UBS FINANCIAL SERVICES EIN 13-2638166 NONE | Direct payment from the plan; Investment management Service code 28 | — | $12K |
| HERNDON CAPITAL MANAGEMENT NONE | Investment management; Investment management fees paid directly by plan Service code 28 | 191 PEACHTREE ST NE 2500 ATLANTA, GA 30303 | $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 | 1,177 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 136 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,313 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION BENEFITS OF AMERICA | 1,292 | $134K |
| Life insurance | AMALGAMATED LIFE | 1,214 | $47K |
| Stop-loss / reinsurancereinsurance | HM LIFE INSURANCE COMPANY | 1,211 | $443K |
| Other | GUARDIAN LIFE INSUANCE CO OF AMERICA | 1,210 | $26K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,292 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.