| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NORTHEAST BENEFITS3 | 103 PASSAIC VALLEY ROAD MONTVILLE, NJ 07045 | HORIZON HEALTHCARE SERVICES | $44K | — | $44K | 3.16% |
| RICHARDS AND SUMMERS INC.3 | 76 BROADWAY PO BOX 68 DENVILLE, NJ 07834 | DELTA DENTAL OF NJ INC. | $7K | — | $7K | 5.49% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF NEW JERSEY | 350 MT. KEMBLE AVENUE MORRISTOWN, NJ 07962 | LIFE INSURANCE COMPANY OF AMERICA INC. | $10K | $2K | $12K | 23.73% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF NEW JERSEY | 350 MT. KEMBLE AVENUE MORRISTOWN, NJ 07962 | LIFE INSURANCE COMPANY OF AMERICA INC. | $4K | $2K | $5K | 13.93% |
| EMERSON REID LLC3 Filed as: EMERSON REID & CO INC. | 1305 WALT WITMAN ROAD SUITE 310 MELVILLE, NY 11747 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $1K | $3K | 20.74% |
| WILLIS TOWERS WATSON US LLC1 Filed as: WILLIS OF NEW JERSEY | 350 MT. KEMBLE AVENUE MORRISTOWN, NJ 07962 | LIFE INSURANCE COMPANY OF AMERICA INC. | $602 | $116 | $718 | 23.87% |
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 | 152 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 156 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES | 127 | $1.4M |
| Dental | DELTA DENTAL OF NJ INC. | 128 | $125K |
| Vision | EYE MED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INS. CO. | 321 | $15K |
| Life insurance(3 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF AMERICA INC. | 149 | $67K |
| Long-term disability | LIFE INSURANCE COMPANY OF AMERICA INC. | 111 | $39K |
| Other(2 contracts, 2 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 149 | $17K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 321 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.