| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DONALD C SAVOY INC3 Filed as: DONALD C SAVOY | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | $3K | $4K | 10.72% |
| JD MOSCHITTO & ASSOCIATES, INC3 Filed as: J.D. MOSCHITTO & ASSOCIATES | 2 LYON PLACE WHITE PLAINS, NY 10601 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | — | $1K | 3.34% |
| HP PLANNING LLC3 Filed as: HP PLANNING | 535 CONNECTICUT RD NORWALK, CT 06854 | PRINCIPAL LIFE INSURANCE COMPANY | $222 | — | $222 | 0.60% |
| NFP INSURANCE SERVICES INC3 | 1250 S CAPITAL OF TEXAS HIGHWAY BL W LAKE HILLS, TX 78746 | PRINCIPAL LIFE INSURANCE COMPANY | — | $178 | $178 | 0.48% |
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 | 124 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 124 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 124 | $37K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 124 | $37K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 124 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.