| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANYINC | 1305 WALT WHITMANRD SUITE 310 MELVILLE, NY 11747 | EMPIRE HEALTHCHOICE HMO, INC. (G1922) | $73K | — | $73K | 1.12% |
| TSG FINANCIAL LLC3 | 1325 FRANKLIN AVE STE 540 GARDEN CITY, NY 11530 | EMPIRE HEALTHCHOICE HMO, INC. (G1922) | $35K | — | $35K | 0.54% |
| EMERSON REID LLC3 | 1787 SENTRY PKWY W VEVA SUITE 320 BLUE BELL, PA 19422 | GUARDIAN | $128K | — | $128K | 7.26% |
| NRL WEALTH CREATION STRAT3 | 25 CARLE ROAD WESTBURY, NY 11590 | GUARDIAN | $952 | — | $952 | 0.05% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BOON ADMINISTRATIVE SERVICES EIN 33-0449333 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 15 | — | $719K |
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 | 613 | Currently employed and enrolled or eligible. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 613 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 613 | $1.8M |
| Vision | GUARDIAN | 613 | $1.8M |
| Other | GUARDIAN | 613 | $1.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 662 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.