| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUDLER INSURANCE SERVICES INC Filed as: SUDLER INSURANCE SERVICES | 5850 CORAL RIDGE DRIVE SUITE 103-C CORAL SPRINGS, FL 33076 | BLUECROSS BLUESHIELD | $82K | — | $82K | 4.09% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| NATIONAL EMPLOYEE BENEFIT ADMIN EIN 65-0498809 NONE | Contract Administrator; Direct payment from the plan Service code 13 | — | $223K |
| LAPADULA CARLSON & CO CPA'S EIN 65-0292391 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $115K |
| PARKER, HUDSON, RAINER & DOBBS EIN 58-1423485 NONE | Legal; Direct payment from the plan Service code 29 | — | $55K |
| GABELLI ASSET MANAGEMENT EIN 13-4007862 NONE | Direct payment from the plan; Investment management Service code 28 | — | $35K |
| CRUMP CONSULTING, INC EIN 48-1222156 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $18K |
| RBC GLOBAL ASSET MANAGEMENT EIN 13-4007862 NONE | Direct payment from the plan; Investment management Service code 28 | — | $18K |
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 | 878 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 43 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 921 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD | 210 | $2.0M |
| Life insurance | THE UNION LABOR LIFE INSURANCE COMPANY | 0 | $121K |
| Long-term disability | THE UNION LABOR LIFE INSURANCE COMPANY | 0 | $121K |
| Prescription drug | BLUECROSS BLUESHIELD | 210 | $2.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 210 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.