| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC | PARK 80 PLAZA 2 250 PEHLE AVE STE 400 SADDLE BROOK, NJ 07663 | CIGNA HEALTH AND LIFE INSURANCE CO. | — | $93K | $93K | 4.99% |
| HEALTHY BUSINESS GROUP LLC Filed as: HEALTHY BUSINESS GROUP | 34 BAY STREET PO BOX 1346 SAG HARBOR, NY 11963 | CIGNA HEALTH AND LIFE INSURANCE CO. | — | $49K | $49K | 2.64% |
| MARSH & MCLENNAN AGENCY LLC | ONE EXECUTIVE DRIVE, SUITE 300 SOMERSET, NJ 08873 | DELTA DENTAL OF NJ INC. | $5K | — | $5K | 5.64% |
| MARSH & MCLENNAN AGENCY LLC | PARK 80 PLAZA 2 SADDLE BROOK, NJ 07663 | VISION SERVICE PLAN | $1K | — | $1K | 5.79% |
| MARSH & MCLENNAN AGENCY LLC | PARK 80 PLAZA 2 250 PEHLE AVE STE 400 SADDLE BROOK, NJ 07663 | HARTFORD LIFE AND ACCIDENT | $1K | — | $1K | 13.43% |
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 | 91 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 7 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 98 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE CO. | 151 | $1.9M |
| Dental | DELTA DENTAL OF NJ INC. | 225 | $95K |
| Vision | VISION SERVICE PLAN | 106 | $18K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 229 | $9K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 229 | $9K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 229 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.