No brokers reported on this filing.
| Provider | Services | Address | Compensation |
|---|---|---|---|
| TOTAL PLAN CONCEPTS EIN 45-4564412 THIRD PARTY ADMINISTRATOR | Contract Administrator; Claims processing; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 12 | 571 MCDONALD AVE BROOKLYN, NY 11218 | $1.0M |
| GRANDVIEW BROKERAGE CORP. CONTRACT ADMIN & BROKER | Contract Administrator; Insurance agents and brokers Service code 13 | 1815 65TH STREET BROOKLYN, NY 11204 | $566K |
| FASTEN HALBERSTAM LLP PLAN AUDITOR | Accounting (including auditing) Service code 10 | 40 WALL STREET NEW YORK, NY 10005 | $29K |
| LEVON LION EQUITIES, LLC 81-3998243 | Claims processing; Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator Service code 12 | — | $25K |
| LEVON LION EQUITIES, LLC EIN 81-3998243 PLAN RECORDKEEPER | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $0 |
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 | 5,775 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 5,775 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HEALTHCAP ASSURANCE, INC. | 5,759 | $14.6M |
| Dental(2 contracts, 2 carriers) | HEALTHCAP ASSURANCE, INC. | 5,759 | $14.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 5,759 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.