| 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 | $46K | — | $46K | 8.20% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $38K | $38K | 6.77% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | PRINCIPAL LIFE INSURANCE COMPANY | $7K | $3K | $9K | 5.80% |
| CARE & SHARE BENEFIT MANAGEMENT LLC3 | 52 MEADOWVIEW CT LEONIA, NJ 07605 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | — | $8K | 4.82% |
| DONALD C SAVOY INC3 | 200 BROADHOLLOW ROAD SUITE 207 MELVILLE, NY 11747 | STANDARD INSURANCE COMPANY | $3K | — | $3K | 4.83% |
| CARE & SHARE BENEFIT MANAGEMENT LLC3 | PO BOX 326 LEONIA, NJ 07605 | STANDARD INSURANCE COMPANY | $893 | — | $893 | 1.31% |
| DONALD C SAVOY INC3 | 200 BROADHOLLOW ROAD SUITE 207 MELVILLE, NY 11747 | STANDARD INSURANCE COMPANY | $868 | — | $868 | 6.10% |
| CARE & SHARE BENEFIT MANAGEMENT LLC3 | PO BOX 326 LEONIA, NJ 07605 | STANDARD INSURANCE COMPANY | $859 | — | $859 | 6.03% |
| DONALD C SAVOY INC3 | 200 BROADHOLLOW ROAD SUITE 207 MELVILLE, NY 11747 | STANDARD INSURANCE COMPANY | $655 | — | $655 | 6.01% |
| CARE & SHARE BENEFIT MANAGEMENT LLC3 | PO BOX 326 LEONIA, NJ 07605 | STANDARD INSURANCE COMPANY | $365 | — | $365 | 3.35% |
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 | 340 | 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) | 340 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 340 | $563K |
| Dental(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 423 | $225K |
| Vision(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 423 | $168K |
| Life insurance(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 423 | $171K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 423 | — |
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.