| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 | 9850 NW 41ST STREET, STE 100 MIAMI, FL 33178 | FLORIDA COMBINED LIFE | $72K | — | $72K | 10.06% |
| MARSH & MCLENNAN AGENCY LLC3 | 9850 NW 41ST STREET, STE 100 MIAMI, FL 33178 | GERBER LIFE INSURANCE COMPANY | $12K | — | $12K | 9.91% |
| MARSH & MCLENNAN AGENCY LLC3 | 9850 NW 41ST STREET, STE 100 MIAMI, FL 33178 | GERBER LIFE INSURANCE COMPANY | $4K | — | $4K | 10.29% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF FLORIDA EIN 59-2015694 NONE KNOWN | Insurance agents and brokers; Direct payment from the plan; Contract Administrator Service code 13 | — | $658K |
| MCASF LOCAL 725 SERVICE CORPORATION EIN 81-2757635 CAPTIVE SERVICE PROVIDER | Contract Administrator; Direct payment from the plan Service code 13 | — | $340K |
| HORIZON ACTUARIAL SERVICES, LLC EIN 26-1370698 NONE KNOWN | Direct payment from the plan; Consulting (general); Actuarial Service code 11 | — | $88K |
| MARSH & MCLENNAN AGENCY EIN 26-3237576 NONE KNOWN | Insurance agents and brokers Service code 22 | — | $68K |
| HESSIAN & MCKASY, PA EIN 20-1551306 NONE KNOWN | Legal; Direct payment from the plan Service code 29 | — | $45K |
| PLANTE & MORAN, PLLC EIN 38-1357951 NONE KNOWN | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $33K |
| RIGHTWAY HEALTHCARE, INC EIN 82-0865206 NONE KNOWN | Direct payment from the plan; Other services Service code 49 | — | $23K |
| KARPUS INVESTMENT MANAGEMENT EIN 16-1290558 NONE KNWON | Investment management; Soft dollars commissions; Investment management fees paid directly by plan; Direct payment from the plan Service code 28 | — | $21K |
| CHARTWELL INVESTMENT PARTNERS, LLC EIN 36-4776242 NONE KNOWN | Direct payment from the plan; Investment management fees paid directly by plan; Named fiduciary; Investment management Service code 28 | — | $15K |
| SAWGRASS ASSET MANAGEMENT LLC EIN 59-3488505 NONE KNOWN | Soft dollars commissions; Direct payment from the plan; Investment management; Investment management fees paid directly by plan Service code 28 | — | $10K |
| NEPC, LLC EIN 26-1429809 NONE KNOWN | Direct payment from the plan; Consulting (pension) Service code 17 | — | $7K |
| PNC BANK, NATIONAL ASSOCIATION EIN 22-1146430 NONE KNOWN | Custodial (securities); Direct payment from the plan; Float revenue; Soft dollars commissions Service code 19 | — | $6K |
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 | 906 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 11 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 917 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | FLORIDA COMBINED LIFE | 916 | $719K |
| Stop-loss / reinsurancereinsurance | AMALGAMATED LIFE INSURANCE COMPANY | 895 | $465K |
| Other(2 contracts) | GERBER LIFE INSURANCE COMPANY | 897 | $156K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 916 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.