| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GENESIS & ASSOCIATES LLC Filed as: GENESIS BENEFITS & INSURANCE | — | CHUBB/COMBINED INSURANCE CO. OF AMERICA | $3K | — | $3K | 5.96% |
| EOI SERVICE COMPANY INC Filed as: EOI SERVICE COMPANY | — | CHUBB/COMBINED INSURANCE CO. OF AMERICA | $2K | — | $2K | 5.05% |
| BENEFIT PLAN SOLUTIONS, INC.3 | 615 PIIKOI STREET, SUITE 301 HONOLULU, HI 96814 | PACIFIC GUARDIAN LIFE INSURANCE COMPANY, LTD | $740 | — | $740 | 13.18% |
| BENEFIT PLAN SOLUTIONS, INC.3 | 615 PIIKOI STREET, SUITE 301 HONOLULU, HI 96814 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $99 | — | $99 | 2.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LEMKE, CHINEN & TANAKA, C.P.A., INC EIN 99-0155373 NONE | Accounting (including auditing) Service code 10 | 500 ALA MOANA BLVD, SUITE 2-302 HONOLULU, HI 96813 | $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 | 125 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 125 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | PACIFIC GUARDIAN LIFE INSURANCE COMPANY, LTD | 137 | $6K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 78 | $5K |
| Other(3 contracts, 3 carriers) | CHUBB/COMBINED INSURANCE CO. OF AMERICA | 552 | $54K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 552 | — |
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.
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.