| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ROBERT D SHAARA3 Filed as: ROBERT SHAARA | PO BOX 2350 CINNAMINSON, NJ 08077 | HORIZON HEALTHCARE SERVICES, INC | $36K | — | $36K | 3.47% |
| ROBERT D SHAARA3 | 300 HIGHWAY AVENUE RIVERTON, NJ 08077 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $4K | — | $4K | 3.48% |
| FERRARA FINANCIAL GROUP, LLC3 | 1150 RARITAN ROAD CRANFORT, NJ 07016 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $2 | — | $2 | 0.00% |
| SHAARA, ROBERT D3 | 300 HIGHWAY AVENUE RIVERTON, NJ 08077 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $9K | — | $9K | 10.10% |
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 | 179 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 179 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC | 126 | $1.0M |
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 111 | $101K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 169 | $85K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 169 | $85K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 169 | $85K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 169 | $85K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 169 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.