| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE JAMES B OSWALD COMPANY3 Filed as: JAMES MCGINNIS | — | PENN MUTUAL LIFE INSURANCE COMPANY | $7 | $0 | $7 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FIFTH THIRD BANK RETIREMENT SERVICE RECORDKEEPER | Recordkeeping fees; Investment advisory (participants) Service code 26 | 38 FOUNTAIN SQUARE PLAZA CINCINNATI, OH 45263 | $150K |
| J.A.GLYNN & CO. FINANCIAL ADV ISOR | Investment advisory (plan) Service code 27 | 9841 CLAYTON ROAD ST. LOUIS, MO 63124 | $21K |
| MATRIX ASSET ADVISORS, INC FINANCIAL ADV ISOR | Investment advisory (plan) Service code 27 | 10 BANK STREET SUITE 590 WHITE PLAINS, NY 10606 | $13K |
| BRECKINRIDGE CAPITAL ADVISORS FINANCIAL ADVISOR | Investment advisory (plan) Service code 27 | 125 HIGH STREET SUITE 431 BOSTON, MA 02110 | $8K |
| GROESBECK INVESTMENT MANAGEMENT CO FINANCIAL ADVISOR | Investment advisory (plan) Service code 27 | 12 ROUTE 17 NORTH SUITE 130 PARAMUS, NJ 07652 | $4K |
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 | 568 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 169 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 743 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | PENN MUTUAL LIFE INSURANCE COMPANY | 2 | $0 |
| Other | C.M. LIFE INSURANCE COMPANY | 1 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.