| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LABOR FIRST LLC3 | — | AETNA LIFE INSURANCE CO. | $45K | — | $45K | 2.60% |
| JN SAVASTA CORP3 Filed as: J N SAVASTA CORP. | 1350 BROADWAY, RM 410 NEW YORK, NY 10018 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $20K | — | $20K | 14.93% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SAVASTA AND COMPANY, INC. EIN 13-3879959 NONE | Contract Administrator; Direct payment from the plan; Actuarial Service code 11 | — | $1.9M |
| EMPIRE HEALTHCHOICE ASSURANCE, INC. EIN 23-7391136 NONE | Float revenue; Other services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing; Contract Administrator Service code 12 | — | $390K |
| HEALTH MANAGEMENT CONCEPTS, INC. NONE | Direct payment from the plan; Other services Service code 49 | 140 INTRACOASTAL POINTE DR JUNIPER, FL 33477 | $104K |
| CALIBRE CPA GROUP, PLLC EIN 47-0900880 AUDITOR | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $47K |
| DDS, INC. EIN 11-2705347 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $46K |
| CARY KANE, LLP EIN 20-1942442 LEGAL COUNSEL | Legal; Direct payment from the plan Service code 29 | — | $31K |
| MEDREVIEW, INC. EIN 13-3240352 NONE | Other services; Direct payment from the plan Service code 49 | — | $29K |
| JENNISON ASSOCIATES EIN 52-2069785 NONE | Investment management fees paid indirectly by plan; Investment management fees paid directly by plan; Trustee (bank, trust company, or similar financial institution); Soft dollars commissions Service code 21 | — | $27K |
| OPTUMRX, INC. EIN 33-0441200 NONE | Direct payment from the plan; Claims processing; Float revenue; Other fees Service code 12 | — | $24K |
| STEWART LEE KARLIN LAW GROUP NONE | Legal; Direct payment from the plan Service code 29 | 111 JOHN STREET NEW YORK, NY 10038 | $18K |
| SCHULTHEIS & PANETTIERI, LLP NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | 210 MARCUS BLVD HAUPPAUGE, NY 11788 | $13K |
| MORGAN, LEWIS AND BOCKIUS EIN 23-0891050 NONE | Legal; Direct payment from the plan Service code 29 | — | $13K |
| QUANTITATIVE MANAGEMENT ASSOC. LLC EIN 22-1211670 NONE | Investment management fees paid directly by plan; Soft dollars commissions; Investment management Service code 28 | — | $13K |
| BERNZOTT CAPITAL ADVISORS EIN 77-0464710 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $13K |
| STACEY BRAUN EIN 13-2889432 NONE | Investment management; Investment management fees paid directly by plan; Investment management fees paid indirectly by plan; Soft dollars commissions Service code 28 | — | $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 | 979 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 629 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 8 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 1,616 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED AMERICAN INSURANCE CO. | 625 | $1.3M |
| Life insurance | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 886 | $131K |
| Other | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 886 | $131K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 886 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.