| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAWAII MEDICAL SERVICE ASSOCIATION3 | P.O. BOX 840 HONOLULU, HI 96808 | USABLE LIFE | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENEFIT & RISK MANAGEMENT SERVICES EIN 68-0306908 NONE | Contract Administrator; Consulting (pension); Direct payment from the plan Service code 13 | — | $110K |
| THE SEGAL COMPANY (WESTERN STATES) EIN 94-1503999 NONE | Consulting (pension); Direct payment from the plan; Consulting (general) Service code 16 | — | $80K |
| TORKILDSON KATZ HETHERINGTON HARRIS EIN 99-0155867 NONE | Legal; Direct payment from the plan Service code 29 | — | $22K |
| CW ASSOCIATES, CPA'S EIN 26-1659234 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $15K |
| SEGAL SELECT INSURANCE SERVICES, IN EIN 46-0619194 NONE | Insurance brokerage commissions and fees Service code 53 | — | $12K |
| FIRST HAWAIIAN BANK EIN 99-0034327 NONE | Other investment fees and expenses; Direct payment from the plan; Trustee (bank, trust company, or similar financial institution); Trustee (directed) Service code 21 | — | $3K |
| CHAR SAKAMOTO ISHII LUM & CHING EIN 99-0268206 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 | 828 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 404 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 121 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,353 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 1,206 | $27.2M |
| Dental | HAWAII DENTAL SERVICE | 265 | $277K |
| Vision(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 1,206 | $27.2M |
| Life insurance | USABLE LIFE | 732 | $3.3M |
| Prescription drug(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 1,206 | $27.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,206 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.