| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EDUCATORS INSURANCE SERVICES5 Filed as: EDUCATORS INSURANCE SERVICES, INC. | 4000 ROUTE 66 1ST FLOOR TINTON FALLS, NJ 07753 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $0 | $32K | $32K | 0.05% |
| HATTERAS5 | 56 PARK ROAD TINTON FALLS, NJ 07724 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $0 | $13K | $13K | 0.88% |
| AMWINS5 | 50 WHITECAP DRIVE NORTH KINGSTOWN, RI 02852 | TRANSAMERICA LIFE INSURANCE COMPANY | $64K | $0 | $64K | 15.80% |
| LABOR BENEFITS, LLC3 Filed as: LABOR BENEFITS LLC | 10104 SENATE DRIVE SUITE 233 LANHAM, MD 20706 | TRANSAMERICA LIFE INSURANCE COMPANY | $59K | $0 | $59K | 14.37% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NEA'S MEMBER BENEFITS CORPORATION EIN 52-0855767 NEA SUBSIDIARY | Other services; Accounting (including auditing); Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Participant communication Service code 10 | — | $25.6M |
| MERCER EIN 13-3109248 NONE | Insurance services; Claims processing; Direct payment from the plan Service code 12 | — | $5.2M |
| CONDUENT HR CONSULTING, LLC EIN 13-3954297 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $125K |
| RBC WEALTH MANAGEMENT EIN 41-1416330 NONE | Direct payment from the plan; Investment advisory (plan) Service code 27 | — | $100K |
| MOONEY, GREEN, SAINDON, ET AL, PC EIN 52-1958229 NONE | Legal; Direct payment from the plan Service code 29 | — | $90K |
| BNY MELLON ASSET SERVICING EIN 13-5160382 NONE | Float revenue; Custodial (securities); Direct payment from the plan Service code 19 | — | $84K |
| MARSH USA EIN 36-1436000 NONE | Insurance agents and brokers; Direct payment from the plan Service code 22 | — | $83K |
| SMITH AFFILIATED CAPITAL GROUP EIN 13-3105799 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $60K |
| GARTNER INC EIN 04-3099750 NONE | Consulting (general); Consulting fees Service code 16 | — | $50K |
| NCM CAPITAL EIN 56-1535917 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $45K |
| RHUMBLINE ADVISORS EIN 04-3118582 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $44K |
| CALIBRE CPA GROUP EIN 47-0900880 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $41K |
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 | 2,617,901 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 169,908 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 2,787,809 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(4 contracts, 2 carriers) | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 3,196,793 | $72.3M |
| Prescription drug | TRANSAMERICA LIFE INSURANCE COMPANY | 759 | $408K |
| Other | UNITED AMERICAN INSURANCE COMPANY | 8,283 | $17.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,196,793 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.