| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: PACIFIC RESOURCES BENEFITS ADV | 12647 ALCOSTA BLVD STE 330 SAN RAMON, CA 94583 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $212K | — | $212K | 4.95% |
| HAWAII STATE TEACHERS ASSOCIATION0 | 1259 AALA ST STE 202 HONOLULU, HI 96817 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $42K | $42K | 0.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HAWAII BENEFIT ADMINISTRATORS, INC. EIN 99-0329747 NONE | Contract Administrator; Other services Service code 13 | — | $428K |
| BENEFIT PLAN SOLUTIONS, INC. EIN 95-3658675 NONE | Other services; Actuarial; Contract Administrator Service code 11 | — | $89K |
| MORGAN STANLEY COMPANY EIN 36-4516330 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $41K |
| CHAR SAKAMOTO ISHII LUM & CHING NONE | Legal Service code 29 | 841 BISHOP ST STE 850 HONOLULU, HI 96813 | $28K |
| EIDE BAILLY LLP EIN 45-0250958 NONE | Accounting (including auditing) Service code 10 | — | $28K |
| PACIFIC SOUTHWEST ADMINISTRATORS EIN 46-4942970 NONE | Other fees Service code 99 | — | $25K |
| CONGRESS ASSET MANAGEMENT COMPANY EIN 04-2848965 NONE | Investment advisory (plan) Service code 27 | — | $21K |
| BANK OF HAWAII EIN 99-0033900 NONE | Custodial (securities) Service code 19 | — | $17K |
| HAMLIN CAPITAL MANAGEMENT EIN 52-2344187 NONE | Investment management Service code 28 | — | $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 | 3,876 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4,307 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 8,183 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | METROPOLITAN LIFE INSURANCE COMPANY | 624 | $384K |
| Life insurance | PACIFIC GUARDIAN LIFE INSURANCE COMPANY, LTD | 8,321 | $666K |
| Short-term disability | AMERICAN FIDELITY ASSURANCE COMPANY | 319 | $133K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 537 | $154K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 7,976 | $4.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 8,321 | — |
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.