| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KENNETH S NEMETH3 | 12 VISTA ROAD MONTVILLE, NJ 07045 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $136K | $136K | 5.37% |
| DONALD C SAVOY INC3 | ROUND TABLE STUDIOS SUITE 1000, 200 CORNELL DRIVE BERKELEY HEIGHTS, NJ 07922 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $61K | $61K | 2.40% |
| DONALD C SAVOY INC3 | ROUND TABLE STUDIOS 200 CONNELL DRIVE SUITE 1000 BERKELEY HEIGHTS, NJ 07922 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $24K | $5K | $28K | 15.00% |
| DONALD C SAVOY INC3 Filed as: DONALD C. SAVOY INC | ROUND TABLE STUDIOS SUITE 1000, 200 CORNELL DRIVE BERKELEY HEIGHTS, NJ 07922 | UNITEDHEALTHCARE INSURANCE COMPANY | — | $9K | $9K | 5.00% |
| KENNETH S NEMETH3 | 12 VISTA ROAD MONTVILLE, NJ 07045 | UNITEDHEALTHCARE INSURANCE COMPANY | $6K | — | $6K | 3.65% |
| KEN NEMETH3 | 12 VUTA ROAD MONTVILLE, NJ 07045 | SUPERIOR VISION PLAN | $954 | — | $954 | 6.98% |
| DONALD C SAVOY INC3 | ROUND TABLE STUDIOS 200 CONNELL DRIVE SUITE 1000 BERKELEY HEIGHTS, NJ 07922 | SUPERIOR VISION PLAN | $273 | — | $273 | 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 | 199 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 9 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 208 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 344 | $2.7M |
| Vision | SUPERIOR VISION PLAN | 326 | $14K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 201 | $188K |
| Short-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 201 | $188K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 201 | $188K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 201 | $188K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 344 | — |
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.