| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALTOMARE FINANCIAL GROUP, INC.3 | 1680 ROUTE 23 N WAYNE, NJ 07470 | HORIZON HEALTHCARE SERVICES, INC. | $40K | $8K | $48K | 5.88% |
| ALTOMARE FINANCIAL GROUP, INC.3 | 1680 ROUTE 23 N WAYNE, NJ 07470 | HORIZON HEALTHCARE SERVICES, INC. | $13K | $3K | $16K | 5.90% |
| ALTOMARE FINANCIAL GROUP, INC.3 | 1680 ROUTE 23 N WAYNE, NJ 07470 | HORIZON HEALTHCARE SERVICES, INC. | $2K | — | $2K | 4.74% |
| ALTOMARE FINANCIAL GROUP, INC.3 Filed as: ALTOMARE FINANCIAL GROUP | 1680 ROUTE 23 NORTH, SUITE 200 WAYNE, NJ 07470 | USABLE LIFE | $3K | — | $3K | 15.74% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $1K | $1K | 7.25% |
| ALTOMARE FINANCIAL GROUP, INC.3 Filed as: ALTOMARE FINANCIAL GROUP | 1680 ROUTE 23 NORTH, SUITE 200 WAYNE, NJ 07470 | USABLE LIFE | $2K | — | $2K | 12.18% |
| HORIZON INSURANCE COMPANY3 | 3 NEWARK, NJ 07105 | USABLE LIFE | — | $1K | $1K | 5.78% |
| ALTOMARE FINANCIAL GROUP, INC.3 | 1680 ROUTE 23 N WAYNE, NJ 07470 | HORIZON INSURANCE COMPANY | $899 | — | $899 | 9.98% |
| ALTOMARE FINANCIAL GROUP, INC.3 Filed as: ALTOMARE FINANCIAL GROUP | 1680 ROUTE 23 NORTH, SUITE 200 WAYNE, NJ 07470 | USABLE LIFE | $876 | — | $876 | 12.23% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $417 | $417 | 5.82% |
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 | 118 | 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) | 118 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 98 | $815K |
| Dental | HORIZON HEALTHCARE SERVICES, INC. | 95 | $52K |
| Vision | HORIZON INSURANCE COMPANY | 73 | $9K |
| Life insurance | USABLE LIFE | 118 | $7K |
| Long-term disability | USABLE LIFE | 118 | $20K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 98 | $267K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 118 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.