| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BTP HEALTH LLC3 | 45-428 IHILANI ST KANEOHE, HI 96744 | HMAA | $17K | — | $17K | 1.05% |
| HOGAN CONSULTING GROUP, LLC3 Filed as: HOGAN CONSULTING GROUP LLC | 1088 BISHOP STREET, SUITE 1224 HONOLULU, HI 96813 | HAWAII DENTAL SERVICE | $1K | — | $1K | 0.99% |
| TIMOTHY HOGAN3 | 1088 BISHOP ST, #1224 HONOLULU, HI 96813 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 15.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HAWAII BENEFIT ADMINISTRATORS, INC EIN 99-6005504 NONE | Direct payment from the plan; Contract Administrator Service code 13 | 200 N. VINEYARD BLVD., SUITE 100 HONOLULU, HI 96817 | $164K |
| HOGAN CONSULTING GROUP LLC NONE | Consulting (general); Direct payment from the plan; Insurance brokerage commissions and fees Service code 16 | 1088 BISHOP STREET, SUITE 1224 HONOLULU, HI 96813 | $30K |
| JAMES P HASSELMAN CPA LLC EIN 20-5496781 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | P.O. BOX 11149 HONOLULU, HI 96828 | $21K |
| FIRST HAWAIIAN BANK EIN 99-0034327 NONE | Direct payment from the plan; Investment management fees paid indirectly by plan; Investment management; Custodial (securities) Service code 19 | 999 BISHOP STREET HONOLULU, HI 96813 | $12K |
| RAYMOND JAMES & ASSOCIATES, INC NONE | Investment management fees paid indirectly by plan; Direct payment from the plan; Investment advisory (plan) Service code 27 | 1001 BISHOP STREET, SUITE 2920 HONOLULU, HI 96813 | $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 | 201 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 201 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HMAA | 315 | $2.6M |
| Dental | HAWAII DENTAL SERVICE | 444 | $144K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 192 | $22K |
| Prescription drug(2 contracts, 2 carriers) | HMAA | 315 | $2.6M |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 192 | $22K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 444 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.