| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SAVOY ASSOCIATES3 | 25B HANOVER RD SUITE 220 FLORHAM PARK, NJ 07932 | HORIZON HEALTHCARE SERVICES, INC. | $90K | $18K | $108K | 6.00% |
| SAVOY ASSOCIATES3 | 25B HAN STE 220 FLORHAM PARK, NJ 07932 | HORIZON HEALTHCARE SERVICES, INC. | $33K | $7K | $40K | 6.03% |
| DONALD C SAVOY INC3 Filed as: DONALD C. SAVOY INC | 25B HANOVER ROAD #B SUITE 220 FLORHAM PARK, NJ 07932 | UNITEDHEALTHCARE INSURANCE COMPANY | $6K | — | $6K | 5.41% |
| KENNETH S NEMETH3 | 12 VISTA ROAD MONTVILLE, NJ 07045 | UNITEDHEALTHCARE INSURANCE COMPANY | $4K | — | $4K | 3.70% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | UNITEDHEALTHCARE INSURANCE COMPANY | $4K | — | $4K | 3.02% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $15K | $5K | $19K | 16.90% |
| KEN NEMETH3 | 12 VUTA ROAD MONTVILLE, NJ 07045 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $857 | — | $857 | 7.00% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD #B SUITE 220 FLORHAM PARK, NJ 07932 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $245 | — | $245 | 2.00% |
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 | 141 | 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) | 142 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HORIZON HEALTHCARE SERVICES, INC. | 168 | $1.9M |
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 119 | $12K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 140 | $114K |
| Short-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 140 | $114K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 140 | $114K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 63 | $664K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 140 | $114K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 168 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.