| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BROWN AND BROWN OF FLORIDA, INC.3 Filed as: BROWN & BROWN, INC. | 700 BISHOP STREET, SUITE 1400 HONOLULU, HI 96813 | METROPOLITAN LIFE INSURANCE COMPANY | $34K | — | $34K | 22.67% |
| SERVCO INSURANCE SERVICES CORP3 | 800 5TH AVE STE 2400 SEATTLE, WA 981043176 | METROPOLITAN LIFE INSURANCE COMPANY | — | $24 | $24 | 0.02% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BANK OF NEW YORK MELLON EIN 13-5160382 NONE | Trustee (bank, trust company, or similar financial institution); Direct payment from the plan; Other fees; Float revenue; Shareholder servicing fees Service code 21 | — | $169K |
| GAMCO ASSET MANAGEMENT, INC. EIN 13-4044521 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $89K |
| FRANKLIN TEMPLETON PORTFOLIO ADVISO EIN 94-2990534 NONE | Soft dollars commissions; Investment management; Investment management fees paid directly by plan Service code 28 | — | $73K |
| INVESCO ADVISERS, INC. EIN 58-1707262 NONE | Investment management fees paid directly by plan; Soft dollars commissions; Investment management Service code 28 | — | $73K |
| WILLIS TOWERS WATSON US LLC EIN 53-0181291 NONE | Consulting (pension); Direct payment from the plan; Actuarial Service code 11 | — | $64K |
| MACQUARIE INVESTMENT MGMT ADVISORS EIN 23-2859590 NONE | Soft dollars commissions; Investment management; Investment management fees paid directly by plan Service code 28 | — | $58K |
| EARNEST PARTNERS EIN 58-2386669 NONE | Investment management; Soft dollars commissions; Securities brokerage; Investment management fees paid directly by plan Service code 28 | — | $56K |
| NFJ INVESTMENT GROUP, LLC EIN 35-2700930 NONE | Investment management; Soft dollars commissions; Investment management fees paid directly by plan Service code 28 | — | $38K |
| INVESCO TRUST COMPANY EIN 46-3793325 NONE | Soft dollars commissions; Investment management; Investment management fees paid directly by plan Service code 28 | — | $28K |
| CW ASSOCIATES, A HAWAII CPA CORP. EIN 26-1659234 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $27K |
| MERRILL LYNCH EIN 13-5674085 NONE | Investment management fees paid directly by plan; Investment management; Float revenue Service code 28 | — | $25K |
| LSM CONSULTANTS LLC EIN 27-4006199 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $9K |
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 | 2,529 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,776 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 7 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 4,312 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 2,033 | $9.9M |
| Dental | HAWAII DENTAL SERVICE | 1,075 | $546K |
| Vision | VISION SERVICE PLAN | 693 | $87K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,716 | $150K |
| Prescription drug(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 2,033 | $9.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,033 | — |
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.