| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SAVOY ASSOCIATES3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | HORIZON HEALTHCARE SERVICES, INC. | $43K | — | $43K | 5.81% |
| SAVOY ASSOCIATES3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | HORIZON HEALTHCARE SERVICES, INC. | $12K | — | $12K | 5.78% |
| SCHECHNER LIFSON CORPORATION3 Filed as: SCHECHNER LIFSON CORP | 4 CHATHAM ROAD SUMMIT, NJ 07901 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 5.74% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | $783 | $2K | 4.69% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | USABLE LIFE | $3K | $378 | $4K | 17.55% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA, EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $2K | $2K | 7.26% |
| SAVOY ASSOCIATES3 Filed as: DONALD C SAVOY ASSOCIATES | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | USABLE LIFE | $2K | $292 | $3K | 15.32% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA, EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $1K | $1K | 6.53% |
| SAVOY ASSOCIATES3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | HORIZON INSURANCE COMPANY | $972 | — | $972 | 9.45% |
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 | 349 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 354 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 109 | $738K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 111 | $46K |
| Vision | HORIZON INSURANCE COMPANY | 91 | $10K |
| Life insurance | USABLE LIFE | 131 | $16K |
| Long-term disability | USABLE LIFE | 131 | $21K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 109 | $206K |
| Other | USABLE LIFE | 131 | $16K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 131 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.