| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WADE FINANCIAL INC.3 Filed as: WADE FINANCIAL INC | 1225 SCARLET OAK DR CHALFONT, PA 18914 | STANDARD INSURANCE COMPANY | $46K | — | $46K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRUDENTIAL ASSET MGT EIN 22-2540245 NONE | Investment management Service code 28 | — | $1.2M |
| JOHNSTON ASSET MANAGEMENT EIN 13-3257590 NONE | Investment management Service code 28 | — | $580K |
| PATRIOT FINANCIAL PARTNERS II LP EIN 45-3772738 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $563K |
| ROTHSCHILD ASSET MANAGEMENT INC EIN 13-2544634 NONE | Investment management; Investment management fees paid directly by plan; Other investment fees and expenses; Soft dollars commissions Service code 28 | — | $415K |
| EATON VANCE EIN 04-3101341 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $242K |
| INVESTMENT PERFORMANCE SERVICES EIN 58-2432392 NONE | Investment advisory (plan); Investment management fees paid directly by plan Service code 27 | — | $233K |
| PATRIOT FINANCIAL PARTNERS LP EIN 26-0290309 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $211K |
| FOUNDRY PARTNERS, LLC EIN 46-1184506 NONE | Investment management; Investment management fees paid directly by plan; Soft dollars commissions; Securities brokerage commissions and fees Service code 28 | — | $201K |
| SMITH, GRAHAM & CO. INVESTMENT ADV. EIN 76-0301817 NONE | Investment management fees paid directly by plan; Investment management; Soft dollars commissions Service code 28 | — | $162K |
| INTERCONTINENTAL REAL ESTATE INVEST EIN 04-3549299 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $145K |
| WELLS FARGO BANK EIN 41-0449260 NONE | Other services; Custodial (securities); Direct payment from the plan Service code 19 | — | $135K |
| NATHAN SMITH EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $133K |
| PHILADELPHIA TRUST CO EIN 23-2979239 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $86K |
| CHARTWELL INVESTMENT MANAGEMENT EIN 36-4776242 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $83K |
| WEDGE CAPITAL MANAGEMENT, LLP EIN 56-1557450 NONE | Investment management; Soft dollars commissions; Investment management fees paid directly by plan Service code 28 | — | $81K |
| THE MCKEOGH COMPANY EIN 23-3003375 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $69K |
| JOHN HEENAN EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $65K |
| PAUL POTAKO EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $65K |
| NOVAK FRANCELLA LLC EIN 61-1436956 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $55K |
| ANDREA GASS EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $54K |
| THOMAS DOOLEY EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $50K |
| NORTHPOINTE CAPITAL EIN 23-3025935 NONE | Investment management fees paid directly by plan; Soft dollars commissions; Investment management Service code 28 | — | $45K |
| RENEE TIFFANY EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $45K |
| COLUMBIA PARTNTERS INVESTMENT MGMT EIN 52-1940739 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $45K |
| TIMOTHY RUSSO EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $42K |
| TIMOTHY NAGY EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $30K |
| JESSICA TRAHEY EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $29K |
| DEBORAH SHEEHAN EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $28K |
| JRP & ASSOCIATES, LLC NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 15 | 115 ROSE TWIG LANE NORTH WALES, PA 19454 | $28K |
| CLEARY, JOSEM,& TRIGIANI LLP EIN 23-2657967 NONE | Legal Service code 29 | — | $28K |
| MARIA DANYLUK EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $27K |
| CATHY SUE REARDON EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $27K |
| BLOOMBERG LP EIN 13-3417984 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $22K |
| THOMAS J. MCGOLDRICK, ESQUIRE NONE | Legal; Direct payment from the plan Service code 29 | 10 E. 6TH AVE, SUITE 100 CONSHOHOCKEN, PA 19428 | $17K |
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 | 2,965 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2,864 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 675 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 728 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 7,232 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | STANDARD INSURANCE COMPANY | 4,740 | $464K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4,740 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.