| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE SERVICES | 100 SUMMIT LAKE DR. SUITE 400 VALHALLA, NY 10595 | THE UNION LABOR LIFE INSURANCE COMPANY | $2K | $0 | $2K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WILSON-MCSHANE CORPORATION EIN 41-0956552 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $938K |
| UMR, INC EIN 39-1995276 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $738K |
| LABOR FIRST, LLC EIN 06-1750191 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $529K |
| CVS PHARMACY, INC EIN 05-0340626 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $160K |
| MADISON INVESTMENT ADVISORS. LLC EIN 39-1194160 NONE | Investment management fees paid directly by plan; Investment management; Soft dollars commissions Service code 28 | — | $113K |
| HIGHTOWER ADVISORY EIN 36-4500709 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $92K |
| UNITED ACTUARIAL SERVICES EIN 35-2156428 NONE | Consulting (general); Direct payment from the plan; Actuarial Service code 11 | — | $83K |
| MCGRANN SHEA CARNIVAL STRAUGH & LAM EIN 41-1654544 NONE | Legal; Direct payment from the plan Service code 29 | — | $73K |
| STRATACOR EIN 41-1852523 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $56K |
| VSP EIN 06-1227840 NONE | Claims processing; Direct payment from the plan; Contract Administrator Service code 12 | — | $33K |
| CLIFTONLARSONALLEN EIN 41-0746749 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $31K |
| US BANK NATIONAL ASSOCIATION EIN 31-0841368 NONE | Securities brokerage commissions and fees; Float revenue; Direct payment from the plan; Investment management fees paid indirectly by plan; Custodial (securities); Soft dollars commissions; Other investment fees and expenses Service code 19 | — | $11K |
| SHUMAKER, LOOP & KENDRICK, LLP EIN 34-4439491 NONE | Legal; Direct payment from the plan Service code 29 | — | $8K |
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 | 2,080 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,059 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 3,139 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SIERRA HEALTH AND LIFE INSURANCE COMPANY, INC | 1,324 | $3.3M |
| Life insurance | THE UNION LABOR LIFE INSURANCE COMPANY | 2,220 | $41K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,220 | — |
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 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.