| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY, LLC | PO BOX 350 CONSHOHOCKEN, PA 19428 | HCC LIFE INSURANCE COMPANY | — | $90K | $90K | 5.00% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES INC | PO BOX 3095 ARLINGTON HEIGHTS, IL 60005 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $20K | $5K | $25K | 6.36% |
| MAGUIRE MICHAEL B3 | 1103 LAUREL BLVD LANOKA HARBOR, NJ 08734 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $20K | $0 | $20K | 5.00% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES INC | PO BOX 3095 ARLINGTON HEIGHTS, IL 60005 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $14K | $4K | $18K | 6.44% |
| MAGUIRE MICHAEL B3 | 1103 LAUREL BLVD LANOKA HARBOR, NJ 08734 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $14K | $0 | $14K | 5.00% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES INC | PO BOX 3095 ARLINGTON HEIGHTS, IL 60005 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $10K | $3K | $12K | 6.44% |
| MAGUIRE MICHAEL B3 | 1103 LAUREL BLVD LANOKA HARBOR, NJ 08734 | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | $10K | $0 | $10K | 5.00% |
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 | 2,866 | 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) | 2,866 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 2,886 | $401K |
| Short-term disability | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 2,886 | $193K |
| Long-term disability | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 2,886 | $285K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 2,267 | $1.8M |
| Other | FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY | 2,886 | $401K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,886 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.