| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RSC INSURANCE BROKERAGE INC3 Filed as: RSC INS BROKERAGE INC | — | EMPIRE HEALTHCHOICE HMO, INC. (G1922) | $229K | — | $229K | 3.12% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY INC | — | EMPIRE HEALTHCHOICE HMO, INC. (G1922) | — | $109K | $109K | 1.48% |
| RSC INSURANCE BROKERAGE INC3 Filed as: RSC INS BROKERAGE INC | ONE HOLLOW LANE STE 206 LAKE SUCCESS, NY 11042 | EMPIRE HEALTHCHOICE HMO, INC. (G1922) | $72 | — | $72 | 0.00% |
| EMERSON REID LLC3 Filed as: EMERSON REID & COMPANY INC | 1305 WALT WHITMAN RD STE 310 MELVILLE, NY 11747 | EMPIRE HEALTHCHOICE HMO, INC. (G1922) | $29 | — | $29 | 0.00% |
| EMERSON REID LLC | 167 ARCHER RD FACTORYVILLE, PA 18419 | GUARDIAN | $93K | $24K | $117K | 11.79% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BOON ADMINISTRATIVE SERVICES EIN 33-0449333 NONE | Contract Administrator; Direct payment from the plan Service code 13 | — | $900K |
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 | 953 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 953 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 904 | $993K |
| Vision | GUARDIAN | 904 | $993K |
| Other | GUARDIAN | 904 | $993K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,045 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.