| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DONALD C SAVOY INC3 | 25B HANOVER RD FLORHAM PARK, NJ 07932 | GUARDIAN LIFE INSURANCE CO. OF AMERICA | $22K | $5K | $27K | 6.23% |
| BRIAN ALLAIN3 Filed as: BRIAN J CHO | 80 EAST RT 4, STE 101 PARAMUS, NJ 07652 | GUARDIAN LIFE INSURANCE CO. OF AMERICA | $9K | — | $9K | 1.96% |
| DONALD C SAVOY INC3 | 25 B HANOVER RD STE 220 FLORHAM PARK, NJ 07932 | LINCOLN LIFE & ANNUITY CO OF NY | — | $2K | $2K | 5.00% |
| JONG H CHO3 | 80 E RT 4 STE 101 PARAMUS, NJ 07652 | LINCOLN LIFE & ANNUITY CO OF NY | $2K | — | $2K | 5.00% |
| JONG H CHO3 | 80 EAST STATE RT 4 PARAMUS, NJ 07652 | CIGNA GROUP INSURANCE | $1K | — | $1K | 11.88% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF NEW YORK INC. | 80 EAST STATE RT 4, STE 101 200 LIBERTY CENTER NEW YORK, NY 10281 | CIGNA GROUP INSURANCE | — | $44 | $44 | 0.42% |
| JONG H CHO3 | 8- EAST STATE RT 4, STE 101 PARAMUS, NJ 07652 | CIGNA GROUP INSURANCE | $324 | — | $324 | 3.12% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF NEW YORK INC. | 200 LIBERTY STREET 3RD FL NEW YORK, NY 10281 | CIGNA GROUP INSURANCE | — | $9 | $9 | 0.09% |
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 | 213 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 215 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN LIFE INSURANCE CO. OF AMERICA | 213 | $438K |
| Vision | LINCOLN LIFE & ANNUITY CO OF NY | 213 | $30K |
| Life insurance | CIGNA GROUP INSURANCE | 209 | $10K |
| Other(2 contracts) | CIGNA GROUP INSURANCE | 209 | $21K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 213 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.