| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WADE FINANCIAL INC.3 | 1225 SCARLETT OAK DR. CHALFONT, PA 18914 | STANDARD INSURANCE COMPANY | $50K | $7K | $57K | 10.42% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRUDENTIAL ASSET MGT EIN 22-2540245 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $2.1M |
| PATRIOT FINANCIAL PARTNERS, LP EIN 26-1273625 NONE | Investment management; Investment management fees paid indirectly by plan Service code 28 | — | $987K |
| JOHNSTON ASSET MANAGEMENT EIN 13-3257590 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $738K |
| AMERICAN REALTY ADVISORS EIN 33-0123114 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $335K |
| SIERRA INVESTMENT PARTNERS INC. EIN 68-0370668 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $327K |
| EATON VANCE EIN 04-3101341 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $282K |
| ROTHSCHILD ASSET MANAGEMENT INC EIN 13-2544634 NONE | Investment management fees paid directly by plan; Investment management; Other investment fees and expenses; Soft dollars commissions Service code 28 | — | $277K |
| INVESTMENT PERFORMANCE SERVICES EIN 58-2432392 NONE | Investment management fees paid directly by plan; Investment advisory (plan) Service code 27 | — | $276K |
| 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 | — | $198K |
| SMITH, GRAHAM & CO. INVESTMENT ADV. EIN 76-0301817 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $166K |
| INTERCONTINENTAL REAL ESTATE INVEST EIN 04-3549299 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $149K |
| WELLS FARGO BANK EIN 41-0449260 NONE | Direct payment from the plan; Custodial (securities) Service code 19 | — | $137K |
| WEDGE CAPITAL MANAGEMENT, LLP EIN 56-1557450 NONE | Soft dollars commissions; Investment management fees paid directly by plan; Investment management Service code 28 | — | $122K |
| THE MCKEOGH COMPANY EIN 23-3003375 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $106K |
| CHARTWELL INVESTMENT MANAGEMENT EIN 36-4776242 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $100K |
| CARPENTERS PENSION & ANNUITY OF PHI EIN 23-1613018 NONE | Other fees; Direct payment from the plan Service code 50 | — | $96K |
| CLEARY, JOSEM,& TRIGIANI LLP EIN 23-2657967 NONE | Legal; Direct payment from the plan Service code 29 | — | $61K |
| JOHN HEENAN EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $59K |
| NOVAK FRANCELLA LLC EIN 61-1436956 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $53K |
| THOMAS DOOLEY EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $50K |
| PAUL POTAKO EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $46K |
| NATHAN SMITH EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $46K |
| CHARLES BUMBAUGH EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $43K |
| TIMOTHY RUSSO EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $43K |
| GINA PASTELLA EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $40K |
| KAREN COUGHLIN EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $39K |
| BETH MARTIN EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $38K |
| WILLIAM MCGUIRE EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $33K |
| ANTHONY DEFEO EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $33K |
| ANDREA GASS EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $33K |
| ANN CAPALDI EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $32K |
| PHILADELPHIA TRUST CO EIN 23-2979239 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $32K |
| TIMOTHY NAGY EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $31K |
| MARIA DANYLUK EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $31K |
| PATRICIA REPETSKI EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $30K |
| CATHY SUE REARDON EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $30K |
| CHRISTINE SCIPIO EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $29K |
| SHIRLEY BEALL EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $29K |
| CHRISTINE TRIFILETTI EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $29K |
| JESSICA TRAHEY EIN 23-6405239 EMPLOYEE | Employee (plan); Recordkeeping fees Service code 30 | — | $28K |
| GINA MARIE CICCARELLA EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $27K |
| KATHERINE ALBRIGHT EIN 23-6405239 EMPLOYEE | Recordkeeping fees; Employee (plan) Service code 30 | — | $26K |
| THOMAS J. MCGOLDRICK, ESQUIRE NONE | Legal; Direct payment from the plan Service code 29 | 35 SHEFFIELD COURT COLLEGEVILLE, PA 19426 | $15K |
| 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 | $12K |
| SUMMIT ACTUARIAL SERVICES, LLC NONE | Consulting (general); Direct payment from the plan Service code 16 | 374 W 12TH AVE EUGENE, OR 97401 | $5K |
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 | 2,959 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2,932 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 982 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 721 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 7,594 | 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.