| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUDLER INSURANCE SERVICES INC Filed as: SUDLER INSURANCE AGENCY INC | 5034 NW 112 WAY CORAL SPRINGS, FL 33076 | AETNA INSURANCE | $6K | — | $6K | 3.58% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SUDLER INSURANCE AGENCY INC EIN 65-0588651 NONE | Direct payment from the plan; Insurance agents and brokers Service code 22 | — | $109K |
| NEBA INC EIN 65-0498809 NONE | Direct payment from the plan; Contract Administrator Service code 13 | — | $84K |
| SUGARMAN & SUSSKIND PA EIN 59-2539792 NONE | Legal; Direct payment from the plan Service code 29 | — | $80K |
| LAPADULA CARLSON & CO EIN 65-0292391 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $57K |
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 | 334 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 334 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | AETNA INSURANCE | 653 | $167K |
| Vision | AETNA INSURANCE | 653 | $167K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 653 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.