| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WADE FINANCIAL INC.3 | 1225 SCARLETT OAK DR. CHALFONT, PA 18914 | STANDARD INSURANCE COMPANY | $62K | — | $62K | 11.25% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRUDENTIAL ASSET MGT EIN 22-2540245 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $1.2M |
| JOHNSTON ASSET MANAGEMENT EIN 13-3257590 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $731K |
| PATRIOT FINANCIAL PARTNERS III LP EIN 45-3772738 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $525K |
| PATRIOT FINANCIAL PARTNERS, LP NONE | Investment management; Investment management fees paid directly by plan Service code 28 | 2929 ARCH STREET, 27TH FLOOR PHILADELPHIA, PA 191042868 | $525K |
| ROTHSCHILD ASSET MANAGEMENT INC EIN 13-2544634 NONE | Soft dollars commissions; Investment management fees paid directly by plan; Other investment fees and expenses; Investment management Service code 28 | — | $521K |
| INVESTMENT PERFORMANCE SERVICES EIN 58-2432392 NONE | Investment management fees paid directly by plan; Investment advisory (plan) Service code 27 | — | $275K |
| SIERRA INVESTMENT PARTNERS INC. EIN 68-0370668 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $269K |
| EATON VANCE EIN 04-3101341 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $265K |
| SMITH, GRAHAM & CO. INVESTMENT ADV. EIN 76-0301817 NONE | Soft dollars commissions; Investment management fees paid directly by plan; Investment management Service code 28 | — | $232K |
| 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 | — | $177K |
| NATHAN SMITH EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $157K |
| WELLS FARGO BAANK EIN 41-0449260 NONE | Custodial (securities); Direct payment from the plan Service code 19 | — | $155K |
| INTERCONTINENTAL REAL ESTATE INVEST EIN 04-3549299 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $142K |
| PHILADELPHIA TRUST CO EIN 23-2979239 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $136K |
| CHARTWELL INVESTMENT MANAGEMENT EIN 36-4776242 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $124K |
| WEDGE CAPITAL MANAGEMENT, LLP EIN 56-1557450 NONE | Soft dollars commissions; Investment management; Investment management fees paid directly by plan Service code 28 | — | $100K |
| JOHN HEENAN EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $79K |
| PAUL POTAKO EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $76K |
| THE MCKEOGH COMPANY EIN 23-3003375 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $70K |
| ANDREA GASS EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $68K |
| THOMAS DOOLEY EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $59K |
| LAWRENCE HUGHES EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $58K |
| NOVAK FRANCELLA LLC EIN 61-1436956 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $53K |
| TIMOTHY RUSSO EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $51K |
| KANG, HAGGERTY & FETBROYT, LLC EIN 46-2513534 NONE | Legal; Direct payment from the plan Service code 29 | — | $49K |
| CLEARY, JOSEM,& TRIGIANI LLP EIN 23-2657967 NONE | Legal; Direct payment from the plan Service code 29 | — | $42K |
| NORTHPOINTE CAPITAL EIN 23-3025935 NONE | Investment management; Soft dollars commissions; Investment management fees paid directly by plan Service code 28 | — | $42K |
| JESSICA TRAHEY EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $39K |
| TIMOTHY NAGY EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $38K |
| DEBORAH SHEEHAN EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $36K |
| CATHY SUE REARDON EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $35K |
| MARIA DANYLUK EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $34K |
| BETH MARTIN EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $29K |
| ANTHONY DEFEO EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $26K |
| COLUMBIA PARTNTERS INVESTMENT MGMT EIN 52-1940739 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $22K |
| JRP & ASSOCIATES, LLC NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | 115 ROSE TWIG LANE NORTH WALES, PA 19454 | $20K |
| THOMAS J. MCGOLDRICK, ESQUIRE NONE | Legal; Direct payment from the plan Service code 29 | 35 SHEFFIELD COURT COLLEGEVILLE, PA 19426 | $15K |
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 | 3,492 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2,864 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 908 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 737 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 8,001 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | STANDARD INSURANCE COMPANY | 4,740 | $550K |
| 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.