| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SERVCO INSURANCE SERVICES CORP3 Filed as: SERVCO PACIFIC INSURANCE | 700 BISHOP STREET, SUITE 1400 HONOLULU, HI 96813 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $0 | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BANK OF NEW YORK MELLON EIN 13-5160382 NONE | Float revenue; Shareholder servicing fees; Other fees; Trustee (bank, trust company, or similar financial institution); Direct payment from the plan Service code 21 | — | $169K |
| WELLS CAPITAL MANAGEMENT EIN 95-3692822 NONE | Investment management fees paid directly by plan; Soft dollars commissions; Investment management Service code 28 | — | $80K |
| MERRILL LYNCH EIN 13-5674085 NONE | Investment management; Investment management fees paid directly by plan; Float revenue Service code 28 | — | $75K |
| INVESCO ADVISORS, INC. EIN 58-1707262 NONE | Investment management; Investment management fees paid directly by plan; Soft dollars commissions Service code 28 | — | $52K |
| GAMCO ASSET MANAGEMENT, INC. EIN 13-4044521 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $43K |
| FEDERATED INVESTMENT COUNSELING EIN 25-1111467 NONE | Soft dollars commissions; Investment management fees paid directly by plan; Investment management Service code 28 | — | $43K |
| FRANKLIN TEMPLETON PORTFOLIO ADVISO EIN 94-2480161 NONE | Investment management; Investment management fees paid directly by plan; Soft dollars commissions Service code 28 | — | $41K |
| EAGLE ASSET MANAGEMENT, INC. EIN 59-2385219 NONE | Investment management; Soft dollars commissions; Investment management fees paid directly by plan Service code 28 | — | $41K |
| NFJ INVESTMENT GROUP LLC EIN 75-2555709 NONE | Investment management fees paid directly by plan; Investment management; Soft dollars commissions Service code 28 | — | $40K |
| DELAWARE INVESTMENTS EIN 23-2859590 NONE | Investment management; Investment management fees paid directly by plan; Soft dollars commissions Service code 28 | — | $40K |
| EARNEST PARTNERS, LLC EIN 58-2386669 NONE | Investment management; Investment management fees paid directly by plan; Soft dollars commissions Service code 28 | — | $36K |
| PENN CAPITAL MANAGMENT EIN 22-2796848 NONE | Investment management; Soft dollars commissions; Investment management fees paid directly by plan Service code 28 | — | $35K |
| PRICEWATERHOUSECOOPERS LLP EIN 13-4008324 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $32K |
| TOWERS WATSON DELAWARE, INC. EIN 53-0181291 NONE | Direct payment from the plan; Consulting (pension); Actuarial Service code 11 | — | $31K |
| FIRST STATE INVESTMENTS INTNL LTD EIN 20-6720059 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $17K |
| OFI GLOBAL TRUST COMPANY EIN 13-4160541 NONE | Soft dollars commissions; Investment management; Investment management fees paid directly by plan Service code 28 | — | $17K |
| LSM CONSULTANTS LLC EIN 26-4006199 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $7K |
| D'AMATO & MALONEY LLP EIN 26-3458324 NONE | Legal; Direct payment from the plan Service code 29 | — | $3K |
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 | 2,772 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,570 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 12 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 4,354 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 1,932 | $7.3M |
| Dental | HAWAII DENTAL SERVICE | 1,338 | $673K |
| Vision | VISION SERVICE PLAN | 898 | $115K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 0 | $0 |
| Prescription drug(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 1,932 | $7.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,932 | — |
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.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.