| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CARE & SHARE BENEFIT MANAGEMENT LLC3 | PO BOX 326 LEONIA, NJ 07605 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $40K | — | $40K | 7.40% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $33K | $33K | 6.11% |
| 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 | — | $6K | $6K | 1.13% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $6K | — | $6K | 3.94% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 2.36% |
| CARE & SHARE BENEFIT MANAGEMENT LLC3 | PO BOX 326 LEONIA, NJ 07605 | STANDARD INSURANCE COMPANY | $3K | — | $3K | 1.98% |
| CARE & SHARE BENEFIT MANAGEMENT LLC3 | PO BOX 326 LEONIA, NJ 07605 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 6.33% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 4.94% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD STE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 4.54% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD STE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 5.04% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 4.98% |
| CARE & SHARE BENEFIT MANAGEMENT LLC3 | PO BOX 326 LEONIA, NJ 07605 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 4.94% |
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 | 285 | 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) | 285 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 285 | $542K |
| Dental | STANDARD INSURANCE COMPANY | 178 | $156K |
| Vision | STANDARD INSURANCE COMPANY | 170 | $25K |
| Life insurance | STANDARD INSURANCE COMPANY | 137 | $35K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 285 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.