| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LENCOR BENEFITS LLC3 | 155-21 BRIDGETON STREET HOWARD BEACH, NY 11414 | EMBLEM HEALTH | $544K | — | $544K | 6.08% |
| CENTERSTONE INSURANCE AND FINANCIAL3 Filed as: CENTERSTONE INS. AGENCY & FIN | 1133 WESTCHESTER AVE. WHITE PLAINS, NY 10604 | EMBLEM HEALTH | $211K | — | $211K | 2.36% |
| LENCOR BENEFITS LLC3 | 155-21 BRIDGETON STREET HOWARD BEACH, NY 11414 | HEALTHPLEX INSURANCE COMPANY | $28K | — | $28K | 9.25% |
| CENTERSTONE INSURANCE AND FINANCIAL3 Filed as: CENTERSTONE INS. AGENCY & FIN | 1133 WESTCHESTER AVE. WHITE PLAINS, NY 10604 | HEALTHPLEX INSURANCE COMPANY | $14K | — | $14K | 4.63% |
| LIDAC EMPLOYEE BENEFIT SOLUTIONS3 | 1010 NORTHERN BLVD #324 GREAT NECK, NY 11021 | LINCOLN LIFE & ANNUITY COMPANY OF NY | $4K | — | $4K | 6.70% |
| LENCOR BENEFITS LLC3 | 155-21 BRIDGETON STREET HOWARD BEACH, NY 11414 | LINCOLN LIFE & ANNUITY COMPANY OF NY | $3K | — | $3K | 5.19% |
| LENCOR BENEFITS LLC3 | 155-21 BRIDGETON STREET HOWARD BEACH, NY 11414 | HEALTHPLEX INSURANCE COMPANY | $3K | — | $3K | 9.32% |
| CENTERSTONE INSURANCE AND FINANCIAL3 Filed as: CENTERSTONE INS. AGENCY & FIN | 1133 WESTCHESTER AVE. WHITE PLAINS, NY 10604 | HEALTHPLEX INSURANCE COMPANY | $1K | — | $1K | 4.66% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CHRISTINA MADERICH EIN 51-6112573 EMPLOYEE | Employee (plan) Service code 30 | — | $41K |
| CALIBRE CPA GROUP PLLC EIN 47-0900880 AUDITOR | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $40K |
| BARBARA THOMPSON EIN 51-6112573 EMPLOYEE | Employee (plan) Service code 30 | — | $26K |
| TEAMSTER CENTER SERVICES EIN 13-1964856 NONE | Other services; Direct payment from the plan Service code 49 | — | $15K |
| KLEIN ZELMAN ROTHERMEL JACOBS SCHEE EIN 13-2998136 NONE | Legal; Direct payment from the plan Service code 29 | — | $9K |
| CARY KANE PLLC EIN 20-1942442 LEGAL COUNSEL | Legal; Direct payment from the plan Service code 29 | — | $7K |
| O'SULLIVAN AND ASSOCIATES EIN 20-8199367 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $5K |
| MORGAN STANLEY SMITH BARNEY, LLC EIN 20-8764829 NONE | Other commissions; Investment advisory (plan); Securities brokerage; Other services; Direct payment from the plan Service code 27 | — | $4K |
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 | 549 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 9 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 558 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EMBLEM HEALTH | 548 | $8.9M |
| Dental(2 contracts) | HEALTHPLEX INSURANCE COMPANY | 574 | $335K |
| Vision | HM LIFE INSURANCE COMPANY | 584 | $53K |
| Life insurance | LINCOLN LIFE & ANNUITY COMPANY OF NY | 554 | $59K |
| Other | LINCOLN LIFE & ANNUITY COMPANY OF NY | 554 | $59K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 584 | — |
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.