| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SAVOY ASSOCIATES3 Filed as: SAVOY AND ASSOCIATES | 25B HANOVER ROAD-SUITE 2 FLORHAM, NJ 07932 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $5K | $5K | 3.63% |
| DAVID SOLOMONS3 Filed as: DAVID SOLOMONS-MAX TOTAL BEN. SOL. | 14 WALL STREET - 20TH FL NEW YORK, NY 10005 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $4K | — | $4K | 2.72% |
| DONALD C SAVOY INC3 Filed as: DONALD C. SAVOY, INC. | 25B HANOVER ROAD, SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | — | $5K | $5K | 3.63% |
| DAVID SOLOMONS3 | 14 WALL STREET, 20TH FL NEW YORK, NY 10005 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $4K | — | $4K | 2.72% |
| DAVID SOLOMONS3 Filed as: DAVID SOLOMONS-MAX TOTAL BEN. SOL. | 14 WALL STREET - 20TH FL NEW YORK, NY 10005 | FIRST UNUM LIFE INSURANCE COMPANY | $9K | — | $9K | 8.19% |
| DAVID SOLOMONS3 Filed as: DAVID SOLOMONS-MAX TOTAL BENEFIT SO | 14 WALL STREET - 20TH FL NEW YORK, NY 10005 | FIRST UNUM LIFE INSURANCE COMPANY | $3K | — | $3K | 15.00% |
| DAVID SOLOMONS3 Filed as: DAVID SOLOMONS-MAX TOTAL BENEFIT SO | 14 WALL STREET-20TH FL NEW YORK, NY 10005 | FIRST UNUM LIFE INSURANCE COMPANY | $2K | — | $2K | 15.00% |
| DAVID SOLOMONS3 Filed as: DAVID SOLOMONS-MAX TOTAL BENEFIT SO | 14 WALL STREET-20TH FL NEW YORK, NY 10005 | FIRST UNUM LIFE INSURANCE COMPANY | $867 | — | $867 | 15.01% |
No Schedule C service providers reported on this filing.
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 | 132 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 136 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 113 | $298K |
| Vision(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 113 | $298K |
| Life insurance(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 132 | $125K |
| Short-term disability(2 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 132 | $131K |
| Long-term disability | FIRST UNUM LIFE INSURANCE COMPANY | 132 | $111K |
| Other(4 contracts) | FIRST UNUM LIFE INSURANCE COMPANY | 132 | $150K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 132 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.