| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BROWN AND BROWN OF FLORIDA, INC.3 Filed as: BROWN & BROWN INSURANCE SERVICES | P.O. BOX 748422 ATLANTA, GA 303748422 | TOKIO MARINE HCC | $45K | $20K | $66K | 14.50% |
| LABOR FIRST LLC3 | 1000 MIDLANTIC DRIVE, STE 100 MOUNT LAUREL, NJ 08054 | SIERRA HEALTH AND LIFE INSURANCE COMPANY | $17K | — | $17K | 24.06% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WILSON-MCSHANE CORPORATION EIN 41-0956552 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing; Copying and duplicating; Contract Administrator Service code 12 | — | $473K |
| UMR, INC. EIN 39-1995276 NONE | Claims processing; Other fees; Contract Administrator Service code 12 | — | $214K |
| MORGAN STANLEY SMITH BARNEY LLC EIN 20-8764829 NONE | Direct payment from the plan; Investment management; Recordkeeping fees; Other commissions Service code 28 | — | $77K |
| CVS PHARMACY INC. EIN 05-0340626 NONE | Claims processing; Contract Administrator Service code 12 | — | $30K |
| UNITED ACTUARIAL SERVICES, INC. EIN 35-2156428 NONE | Actuarial Service code 11 | — | $29K |
| LEGACY PROFESSIONALS LLP EIN 32-0043599 NONE | Accounting (including auditing) Service code 10 | — | $22K |
| DDMN ASO, LLC EIN 41-1852523 NONE | Contract Administrator; Claims processing Service code 12 | — | $19K |
| TEAM, INC. EIN 81-4050818 NONE | Contract Administrator; Claims processing Service code 12 | — | $17K |
| FOX ROTHSCHILD LLP EIN 23-1404723 NONE | Legal Service code 29 | — | $17K |
| FELHABER LARSON EIN 41-0991071 NONE | Legal Service code 29 | — | $9K |
| VSP EIN 06-1227840 NONE | Contract Administrator; Claims processing Service code 12 | — | $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 | 812 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 55 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 867 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SIERRA HEALTH AND LIFE INSURANCE COMPANY | 48 | $71K |
| Life insurance | THE UNION LABOR LIFE INSURANCE COMPANY | 621 | $47K |
| Prescription drug | SIERRA HEALTH AND LIFE INSURANCE COMPANY | 48 | $71K |
| Stop-loss / reinsurancereinsurance | TOKIO MARINE HCC | 633 | $454K |
| Other | THE UNION LABOR LIFE INSURANCE COMPANY | 621 | $47K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 633 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.