| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CROWN RISK MANAGEMENT, LLC3 Filed as: BENEFIT & RISK MANAGEMENT SERVICES | 80 IRON POINT CIRCLE, SUITE 200 FOLSOM, CA 95630 | HAWAII DENTAL SERVICE | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| GROUP PLAN ADMINISTRATORS EIN 99-0187572 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator Service code 13 | 222 S. VINEYARD STREET, PH 4 HONOLULU, HI 96813 | $60K |
| BENEFIT RISK MANAGEMENT SERVICES EIN 68-0306908 NONE | Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 13 | 560 N. NIMITZ HIGHWAY, SUITE 209 HONOLULU, HI 96817 | $21K |
| SINGERLEWAK LLP EIN 95-2302617 NONE | Accounting (including auditing) Service code 10 | 500 ALA MOANA BLVD, SUITE 2-302 HONOLULU, HI 96813 | $20K |
| THE SEGAL COMPANY EIN 94-1503999 NONE | Actuarial Service code 11 | 180 HOWARD STREET, SUITE 1100 SAN FRANCISCO, CA 94105 | $19K |
| FIRST HAWAIIAN BANK EIN 99-0034327 NONE | Custodial (securities); Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | P.O. BOX 3708 HONOLULU, HI 968113708 | $9K |
| SEGAL MARCO ADVISORS EIN 13-2646110 NONE | Investment advisory (plan) Service code 27 | 10880 WILSHIRE BLVD, SUITE 850 LOS ANGELES, CA 90024 | $7K |
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 | 324 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 324 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 710 | $3.7M |
| Dental | HAWAII DENTAL SERVICE | 247 | $245K |
| Vision | HAWAII MEDICAL SERVICE ASSOCIATION | 710 | $3.3M |
| Life insurance | PACIFIC GUARDIAN LIFE INSURANCE COMPANY, LTD. | 289 | $104K |
| Short-term disability | PACIFIC GUARDIAN LIFE INSURANCE COMPANY, LTD. | 289 | $104K |
| Prescription drug | HAWAII MEDICAL SERVICE ASSOCIATION | 710 | $3.3M |
| Stop-loss / reinsurancereinsurance | HAWAII MEDICAL SERVICE ASSOCIATION | 710 | $3.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 710 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.