| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GROUP HEALTH SOLUTIONS INC3 | 148 MADISON AVENUE 15TH FL NEW YORK, NY 10016 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | $89K | — | $89K | 3.11% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY | 400 POST AVE WESTBURY, NY 11590 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | — | $65K | $65K | 2.30% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUPPLANS INC | 225 WIRELESS BLVD HAUPPAUGE, NY 11788 | EMPIRE HEALTHCHOICE ASSURANCE, INC. | — | $7K | $7K | 0.26% |
| SCHOENBERG, JONATHAN3 | NEW YORK LIFE INSURANCE COMPANY 120 BROADWAY 29TH FLOOR NEW YORK, NY 10271 | NEW YORK LIFE INSURANCE COMPANY | $1K | — | $1K | 15.17% |
| DISABILITY RMS5 | 300 SOUTHBOROUGH DRIVE, SUITE 200 SOUTH PORTLAND, ME 04106 | NEW YORK LIFE INSURANCE COMPANY | — | $1K | $1K | 15.00% |
No Schedule C service providers reported on this filing.
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 | 430 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 432 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 430 | $2.8M |
| Dental | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 430 | $2.8M |
| Vision | EMPIRE HEALTHCHOICE ASSURANCE, INC. | 430 | $2.8M |
| Life insurance | NEW YORK LIFE INSURANCE COMPANY | 423 | $7K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 430 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.