| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MAIA LABOW3 | 666 DUNDEE RD STE 1603 NORTHBROOK, IL 60062 | METROPOLITAN LIFE INSURANCE COMPANY | $248K | $31K | $279K | 69.52% |
| EMPIRE BENEFITS SOLUTIONS Filed as: EMPIRE BENEFITS SOLUTIONS LLC | 117 ARLINGTON AVE LAKEWOOD, NJ 08701 | METROPOLITAN LIFE INSURANCE COMPANY | $46K | — | $46K | 11.43% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $24K | $24K | 6.10% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | $10K | $11K | 2.73% |
| MAIA LABOW3 | 666 DUNDEE RD STE 1603 NORTHBROOK, IL 60062 | METROPOLITAN TOWER LIFE INSURANCE COMPANY | $264K | $3K | $267K | 84.31% |
| GIS BENEFITS INC3 | 422 WAUPONSEE STREET MORRIS, IL 60450 | METROPOLITAN TOWER LIFE INSURANCE COMPANY | $7K | $5K | $12K | 3.66% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN TOWER LIFE INSURANCE COMPANY | — | $7K | $7K | 2.21% |
| EMPIRE BENEFITS SOLUTIONS3 | 117 ARLINGTON AVE LAKEWOOD, NJ 08701 | METROPOLITAN TOWER LIFE INSURANCE COMPANY | $4K | — | $4K | 1.13% |
No Schedule C service providers reported on this filing.
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 | 470 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 470 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | METROPOLITAN LIFE INSURANCE COMPANY | 827 | $402K |
| Life insurance(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 827 | $718K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 827 | $402K |
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | NATIONAL HEALTH INSURANCE COMPANY | 827 | $1.4M |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 827 | $402K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 827 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.