| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BTP HEALTH LLC Filed as: BTP HEALTH, LLC | 87-1127 OHEOHE ST. WAIANAE, HI 96792 | HAWAII MEDICAL ASSURANCE ASSOCIATION | — | — | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MASONS AND PLASTERERS ADMIN OFFICE EIN 99-0224301 NONE | Contract Administrator Service code 13 | 2251 NORTH SCHOOL STREET HONOLULU, HI 96819 | $355K |
| NATIONAL BENEFITS ADMINISTRATORS EIN 27-1724276 NONE | Consulting (general) Service code 16 | 707 RICHARDS STREET, PH6 HONOLULU, HI 96813 | $190K |
| HAWAII DENTAL SERVICE EIN 99-0107971 NONE | Claims processing Service code 12 | 770 BISHOP STREET, SUITE 700 HONOLULU, HI 96813 | $72K |
| LEMKE, CHINEN & TANAKA CPA, INC EIN 99-0155373 NONE | Accounting (including auditing) Service code 10 | 500 ALA MOANA BLVD., SUITE 2-302 HONOLULU, HI 96813 | $59K |
| YOSHIDA & ASSOCIATES EIN 99-0337282 NONE | Legal Service code 29 | 737 BISHOP STREET, SUITE 2730 HONOLULU, HI 96813 | $44K |
| FIRST HAWAIIAN BANK EIN 99-0034327 NONE | Custodial (securities) Service code 19 | P.O. BOX 3708 HONOLULU, HI 96811 | $25K |
| RAYMOND JAMES & ASSOCIATES EIN 59-1237041 INVESTMENT CONSULTANT | Other fees; Investment management; Investment advisory (plan) Service code 27 | 880 CARILLON PARKWAY ST. PETERSBURG, FL 33716 | $13K |
| DATAHOUSE EIN 99-7056611 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | 1585 KAPIOLANI BLVD SUITE 1800 HONOLULU, HI 96814 | $13K |
| SSI INVESTMENT MANAGEMENT EIN 95-2913505 NONE | Investment management Service code 28 | 440 SANTA MONICA BLVD., 8TH FLOOR BEVERLY HILLS, CA 90210 | $10K |
| OAKHURST CAPITAL MANAGEMENT EIN 27-1551896 NONE | Investment management Service code 28 | 1900 AVENUE OF THE STARS, SUITE 900 LOS ANGELES, CA 90067 | $10K |
| VISION SERVICE PLAN EIN 99-0247673 NONE | Claims processing Service code 12 | 1003 BISHOP STREET, SUITE 800 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 | 761 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 336 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,097 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | KAISER FOUNDATION HEALTH PLAN HAWAII | 507 | $2.6M |
| Vision | VISION SERVICE PLAN | 942 | $66K |
| Life insurance | PACIFIC GUARDIAN LIFE | 1,111 | $256K |
| Short-term disability | PACIFIC GUARDIAN LIFE | 1,111 | $256K |
| Prescription drug | HAWAII MEDICAL ASSURANCE ASSOCIATION | 0 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,111 | — |
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."
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.
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.