| Provider | Services | Address | Compensation |
|---|---|---|---|
| HAWAII SHEET METAL WORKERS' ADMIN NONE | Direct payment from the plan; Plan Administrator Service code 14 | 1405 N. KING ST ROOM 403 HONOLULU, HI 96817 | $198K |
| THE SEGAL COMPANY EIN 94-1503999 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $88K |
| MILLER HOWARD NONE | Investment management; Investment management fees paid directly by plan Service code 28 | P.O. BOX 549 10 DIXON AVENUE WOODSTOCK, NY 12498 | $73K |
| LOOMIS SAYLES & COMPANY L.P. EIN 04-3200030 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $71K |
| STONEBRIDGE EIN 34-2027194 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $49K |
| CENTRAL PACIFIC BANK EIN 99-0309010 NONE | Investment management fees paid directly by plan; Custodial (securities) Service code 19 | — | $49K |
| AFFINITY EIN 33-0934127 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $43K |
| DESMOND M. KOTAKE, CPA EIN 99-0276359 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $36K |
| BANK OF HAWAII EIN 99-0033900 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $25K |
| GRAYSTONE CONSULTING EIN 81-5465684 NONE | Investment management fees paid directly by plan; Investment advisory (plan) Service code 27 | — | $24K |
| BENESYS EIN 94-1503999 NONE | Direct payment from the plan; Insurance agents and brokers Service code 22 | — | $22K |
| WEINBERG, ROGER, & ROSENFELD EIN 94-2458080 NONE | Legal; Direct payment from the plan Service code 29 | — | $8K |
| YEE & KAWASHIMA LLP EIN 47-3636548 NONE | Legal; Direct payment from the plan Service code 29 | — | $8K |
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 | 593 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 220 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 813 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 1,490 | $7.6M |
| Dental | HAWAII DENTAL SERVICES | 1,893 | $848K |
| Vision(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 1,490 | $7.6M |
| Short-term disability(2 contracts) | USABLE LIFE | 548 | $236K |
| Prescription drug(2 contracts, 2 carriers) | HAWAII MEDICAL SERVICE ASSOCIATION | 1,490 | $7.6M |
| Stop-loss / reinsurancereinsurance | HAWAII MEDICAL SERVICE ASSOCIATION | 1,490 | $7.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,893 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.