| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LENCOR BENEFITS LLC3 | 155-21 BRIDGETON STREET HOWARD BEACH, NY 11414 | EMBLEM HEALTH | $557K | — | $557K | 6.00% |
| CENTERSTONE INSURANCE AND FINANCIAL3 Filed as: CENTERSTONE INS. AGENCY & FIN | 1133 WESTCHESTER AVE. WHITE PLAINS, NY 10604 | EMBLEM HEALTH | $231K | — | $231K | 2.48% |
| CENTERSTONE INSURANCE AND FINANCIAL3 Filed as: CENTERSTONE INS. AGENCY & FIN | 12404 PARK CENTRAL DRIVE SUITE 400S DALLAS, TX 75251 | GUARDIAN LIFE INSURANCE | $18K | — | $18K | 13.00% |
| LENCOR BENEFITS LLC3 | 155-21 BRIDGETON STREET HOWARD BEACH, NY 11414 | LINCOLN LIFE & ANNUITY COMPANY OF NY | $3K | — | $3K | 5.88% |
| LIDAC EMPLOYEE BENEFIT SOLUTIONS3 | 1010 NORTHERN BLVD #324 GREAT NECK, NY 11021 | LINCOLN LIFE & ANNUITY COMPANY OF NY | — | $2K | $2K | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CALIBRE CPA GROUP PLLC EIN 47-0900880 AUDITOR | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $59K |
| CARY KANE, PLLC EIN 88-1989795 LEGAL COUNSEL | Legal; Direct payment from the plan Service code 29 | — | $43K |
| CHRISTINA MADERICH EIN 51-6112573 EMPLOYEE | Employee (plan) Service code 30 | — | $27K |
| KELLIANNE MCINNIS EIN 51-6112573 EMPLOYEE | Employee (plan) Service code 30 | — | $25K |
| KLEIN ZELMAN ROTHERMEL JACOBS SCHEE EIN 13-2998136 NONE | Legal; Direct payment from the plan Service code 29 | — | $24K |
| TEAMSTER CENTER SERVICES EIN 13-1964856 NONE | Direct payment from the plan; Other services Service code 49 | — | $13K |
| O'SULLIVAN ASSOCIATES INC. EIN 20-8199367 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $5K |
| MORGAN STANLEY SMITH BARNEY, LLC EIN 20-8764829 NONE | Investment advisory (plan); Securities brokerage; Other services; Other commissions; Direct payment from the plan Service code 27 | — | $5K |
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 | 571 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 8 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 579 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EMBLEM HEALTH | 519 | $9.3M |
| Dental | GUARDIAN LIFE INSURANCE | 553 | $140K |
| Vision | HM LIFE INSURANCE COMPANY | 501 | $49K |
| Life insurance | LINCOLN LIFE & ANNUITY COMPANY OF NY | 530 | $49K |
| Other | LINCOLN LIFE & ANNUITY COMPANY OF NY | 530 | $49K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 553 | — |
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.