| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STRATEGIC NON-MEDICAL SOLUTION3 | 1 BEACON ST STE 17100 BOSTON, MA 02108 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $238K | — | $238K | 4.98% |
| HAWAII STATE TEACHERS ASSOCIATION0 | 1259 AALA ST STE 202 HONOLULU, HI 96817 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $48K | $48K | 1.00% |
| ASSURANCE AGENCY LTD Filed as: AMERICAN FIDELITY ASSURANCE COMPANY | P.O. BOX 25360 OKLAHOMA CITY, OK 73125 | AMERICAN FIDELITY ASSURANCE COMPANY | $6 | — | $6 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HAWAII BENEFIT ADMINISTRATORS, INC. EIN 99-0329747 NONE | Other services; Contract Administrator Service code 13 | — | $507K |
| SERVICE PRINTERS HAWAII INC NONE | Other fees; Copying and duplicating; Participant communication Service code 36 | 99-807 IWAENA ST #100 AIEA, HI 96701 | $74K |
| RAEL & LETSON EIN 94-1701048 NONE | Consulting (general) Service code 16 | — | $65K |
| MORGAN STANLEY COMPANY EIN 36-4516330 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $47K |
| MILLER KAPLAN ARASE LLP EIN 95-2036255 NONE | Accounting (including auditing) Service code 10 | — | $35K |
| CHAR SAKAMOTO ISHII LUM & CHING NONE | Legal Service code 29 | 841 BISHOP ST STE 850 HONOLULU, HI 96813 | $28K |
| HAMLIN CAPITAL MANAGEMENT EIN 52-2344187 NONE | Investment management Service code 28 | — | $26K |
| PACIFIC SOUTHWEST ADMINISTRATORS EIN 46-4942970 NONE | Other fees Service code 99 | — | $25K |
| BANK OF HAWAII EIN 99-0033900 NONE | Custodial (securities) Service code 19 | — | $18K |
| CONGRESS ASSET MANAGEMENT COMPANY EIN 04-2848965 NONE | Investment advisory (plan) Service code 27 | — | $6K |
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 | 3,335 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4,459 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 7,794 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 1,083 | $363K |
| Life insurance | PACIFIC GUARDIAN LIFE INSURANCE COMPANY, LTD | 7,834 | $590K |
| Short-term disability | AMERICAN FIDELITY ASSURANCE COMPANY | 415 | $227K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 494 | $150K |
| Other(4 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 7,575 | $5.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 7,834 | — |
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.