| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CIVIL SERVICE EMPLOYEES ASSOCIATION5 | 143 WASHINGTON AVENUE ALBANY, NY 122102303 | METROPOLITAN LIFE INSURANCE COMPANY | $393K | — | $393K | 20.00% |
| PEARL CARROLL & ASSOCIATES LLC3 | 13 AIRLINE DRIVE ALBANY, NY 122051003 | METROPOLITAN LIFE INSURANCE COMPANY | — | $754 | $754 | 0.04% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MICHAEL A. TOBIN & ASSOCIATES, PC EIN 14-1731700 | Accounting (including auditing) Service code 10 | 18 COMPUTER DRIVE EAST ALBANY, NY 12205 | $8K |
| BLITMAN & KING EIN 16-1047304 | Legal Service code 29 | 443 NORTH FRANKLIN ST. SYRACUSE, NY 132045412 | $7K |
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 | 2,228 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,228 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 9,732 | $2.0M |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 9,732 | $2.0M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 9,732 | — |
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.