| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ONE ALLIANCE INSURANCE AGENCY3 Filed as: ONE ALLIANCE INSURANCE AGENCY INC | 80 EAST ROUTE 4 SUITE 101 PARAMUS, NJ 07652 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $79K | — | $79K | 18.06% |
| DONALD C SAVOY INC3 Filed as: DONALD C SAVOY | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $35K | — | $35K | 8.03% |
| ONE ALLIANCE INSURANCE AGENCY3 Filed as: ONE ALLIANCE INSURANCE AGENCY INC | 80 EAST ROUTE 4 SUITE 101 PARAMUS, NJ 07652 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $29K | — | $29K | 6.97% |
| DONALD C SAVOY INC3 | 25B HANOVER RD SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $16K | $16K | 3.98% |
| DONALD C SAVOY INC3 | 25 B HANOVER RD SUITE 220 FLORHAM PARK, NJ 07932 | LINCOLN LIFE & ANNUITY CO OF NY | — | $1K | $1K | 5.00% |
| JONG H CHO3 | 80 E RT 4 SUITE 101 PARAMUS, NJ 07652 | LINCOLN LIFE & ANNUITY CO OF NY | $1K | — | $1K | 5.00% |
| JONG H CHO3 | 80 EAST STATE RT 4 SUITE 101 PARAMUS, NJ 07652 | CIGNA GROUP INSURANCE | $993 | — | $993 | 12.00% |
| SAVOY ASSOCIATES3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA GROUP INSURANCE | — | $289 | $289 | 3.49% |
| JONG H CHO3 | 8- EAST STATE RT 4 SUITE 101 PARAMUS, NJ 07652 | CIGNA GROUP INSURANCE | $272 | — | $272 | 15.00% |
| SAVOY ASSOCIATES3 Filed as: SAVOY ASSOCITAES | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA GROUP INSURANCE | — | $59 | $59 | 3.25% |
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 | 231 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 232 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 227 | $437K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 225 | $414K |
| Vision | LINCOLN LIFE & ANNUITY CO OF NY | 227 | $29K |
| Life insurance | CIGNA GROUP INSURANCE | 231 | $8K |
| Other(2 contracts) | CIGNA GROUP INSURANCE | 231 | $10K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 231 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.