| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STHEALTH BENEFIT SOLUTIONS LLC3 | 18940 N PIMA ROAD STE 210 SCOTTSDALE, AZ 85255 | PRINCIPAL LIFE INSURANCE CO. | $3K | $595 | $4K | 6.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLET GENERAL COMM. OF ADJUSTMENT EIN 11-2073596 RELATED ORGANIZATION | Direct payment from the plan Service code 50 | 330 MOTOR PARKWAY STE 307 HAUPPAUGE, NY 11788 | $94K |
| C A SMITH EIN 51-0247782 NONE | Employee (plan); Direct payment from the plan Service code 30 | 330 MOTOR PKWY STE 307 HAUPPAUGE, NY 11788 | $68K |
| THE SEGAL COMPANY EIN 13-1835864 NONE | Actuarial; Direct payment from the plan; Consulting (general) Service code 11 | 333 WEST 34TH STREET NEW YORK, NY 10001 | $50K |
| GOULD, KOBRICK & SCHLAPP, PC EIN 13-3082707 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | 3 PARK AVENUE SUITE 1402 NEW YORK, NY 10016 | $24K |
| BROWN & BROWN NY DBA FITZHARRIS &CO EIN 58-1510477 NONE | Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | 333 EARLE OVINGTON BLVD STE 215 UNIONDALE, NY 11553 | $22K |
| COHEN, WEISS & SIMON EIN 13-1592323 NONE | Legal Service code 29 | — | $6K |
| SEGAL SELECT INSURANCE SERVICE, INC EIN 46-0619194 NONE | Insurance brokerage commissions and fees Service code 53 | — | $3K |
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 | 483 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 84 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 567 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | PRINCIPAL LIFE INSURANCE CO. | 516 | $59K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 516 | — |
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.
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.