| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC. | 225 WIRELESS BLVD HAUPPAUGE, NY 11788 | HORIZON HEALTHCARE SERVICES, INC. | $53K | — | $53K | 5.93% |
| SAMUEL E MITCHELL & SON, INC.3 | 29 TRINITY ST NEWTON, NJ 07860 | DELTA DENTAL OF NEW JERSEY, INC. | $4K | — | $4K | 9.15% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS, INC | 100 WALNUT AVENUE CLARK, NJ 07066 | DELTA DENTAL OF NEW JERSEY, INC. | $2K | — | $2K | 3.66% |
| RED GATE GROUP LLC3 Filed as: RED GATE INSURANCE GROUP | 11 CATERET COURT MADISON, NJ 07940 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 9.00% |
| GARY A BOROWIEC3 | 21 COMMERCE DR SUITE 301 CRANFORD, NJ 07016 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $857 | — | $857 | 3.00% |
| DAVID T BUCKWALD3 | 21 COMMERCE DRIVE CRANFORD, NJ 07016 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $857 | — | $857 | 3.00% |
| RED GATE GROUP LLC3 Filed as: RED GATE INSURANCE GROUP | 11 CATERET COURT MADISON, NJ 07940 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | — | $1K | 9.00% |
| GARY A BOROWIEC3 | 21 COMMERCE DR SUITE 301 CRANFORD, NJ 07016 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $438 | — | $438 | 3.00% |
| DAVID T BUCKWALD3 | 21 COMMERCE DRIVE CRANFORD, NJ 07016 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $438 | — | $438 | 3.00% |
| SAMUEL E MITCHELL & SON, INC.3 | 29 TRINITY ST NEWTON, NJ 07860 | VISION SERVICE PLAN | $627 | — | $627 | 8.40% |
| PROFESSIONAL GROUP PLANS INC3 Filed as: PROFESSIONAL GROUP PLANS | 225 WIRELESS BLVD FL 2 HAUPPAUGE, NY 11788 | VISION SERVICE PLAN | $374 | — | $374 | 5.01% |
| RED GATE GROUP LLC3 Filed as: RED GATE INSURANCE GROUP | 11 CATERET COURT MADISON, NJ 07940 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $227 | — | $227 | 8.99% |
| GARY A BOROWIEC3 | 21 COMMERCE DR SUITE 301 CRANFORD, NJ 07016 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $76 | — | $76 | 3.01% |
| DAVID T BUCKWALD3 | 21 COMMERCE DR SUITE 301 CRANFORD, NJ 07016 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $76 | — | $76 | 3.01% |
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 | 107 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 109 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 69 | $894K |
| Dental | DELTA DENTAL OF NEW JERSEY, INC. | 129 | $44K |
| Vision | VISION SERVICE PLAN | 65 | $7K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 107 | $29K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 107 | $15K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 69 | $894K |
| Other(2 contracts) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 107 | $31K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 129 | — |
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.
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.