| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: ARTHUR J. GALLAGHER RISK MANAGEMENT | 56 PARK STREET MONTCLAIR, NJ 07042 | HORIZON HEALTHCARE SERVICES, INC. | $59K | $0 | $59K | 3.25% |
| USI INSURANCE SERVICES LLC3 | 300 EXECUTIVE DRIVE WEST ORANGE, NJ 07052 | HORIZON HEALTHCARE SERVICES, INC. | $5K | $0 | $5K | 0.30% |
| MICHAEL C WALKER3 Filed as: MICHAEL J. DESARNO | 729 RAYMERE AVENUE INTERLAKEN, NJ 07712 | AFLAC | $6K | $92 | $6K | 11.14% |
| DESARNO BENEFITS LLC3 Filed as: DESARNO BENEFITS, LLC | 1901 STATE, ROUTE 71, SUITE 3B WALL, NJ 07719 | AFLAC | $2K | $90 | $2K | 4.62% |
| MITCHELL N HNATT3 Filed as: MITCHELL N. HNATT AND OTHER AGENTS | 837 SOUTH DRIVE BRICK, NJ 08724 | AFLAC | $1K | $44 | $1K | 2.81% |
| MICHAEL BUTTERFIELD3 | 2021 NEW ROAD, SUITE 12B LINWOOD, NJ 08221 | AFLAC | $1K | $38 | $1K | 2.40% |
| BARBARA A HAWES3 Filed as: BARBARA A. HAWES | 21 MAPLE LANE, UNIT D BRIELLE, NJ 08730 | AFLAC | $923 | $0 | $923 | 1.73% |
| PATRICK PRICE3 | 30 KNIGHTSBRIDGE ROAD, SUITE 6 PISCATAWAY, NJ 08854 | AFLAC | $817 | $0 | $817 | 1.53% |
| ALANA N. GRIECO3 | 18 BLOSSOM ROAD RUMSON, NJ 07760 | AFLAC | $374 | $11 | $385 | 0.72% |
| MICHAEL C WALKER3 Filed as: MICHAEL J. DESARNO | 729 RAYMERE AVENUE INTERLAKEN, NJ 07712 | TRANSAMERICA LIFE INSURANCE COMPANY | $8K | $0 | $8K | 36.92% |
| GALLAGHER BENEFIT SERVICES, INC.3 | 181 EAST 5600 SOUTH, SUITE 240 SALT LAKE CITY, UT 19087 | TRANSAMERICA LIFE INSURANCE COMPANY | $6K | $0 | $6K | 29.44% |
| MID ATLANTIC BENEFITS GROUP LLC3 Filed as: MID ATLANTIC BENEFITS GROUP, LLC | 203 MARKET STREET, SUITE 201 HAVRE DE GRACE, MD 21078 | TRANSAMERICA LIFE INSURANCE COMPANY | $4K | $0 | $4K | 17.62% |
| RACHAEL HICKOK3 Filed as: RACHAEL T. FERRANTE | 44 BERKSHIRE DRIVE HOWELL, NJ 07731 | TRANSAMERICA LIFE INSURANCE COMPANY | $1K | $0 | $1K | 6.98% |
| ROSE M SUDANO3 Filed as: ROSE M. SUDANO | 74 KNOX LANE MANALAPAN, NJ 07726 | TRANSAMERICA LIFE INSURANCE COMPANY | $583 | $0 | $583 | 2.77% |
| BARBARA A HAWES3 Filed as: BARBARA HAWES AND OTHER AGENT | 21D MAPLE LANE BRIELLE, NJ 08730 | TRANSAMERICA LIFE INSURANCE COMPANY | $506 | $0 | $506 | 2.41% |
| ADVANBEN MIDATLANTIC, LLC3 | ONE BELMONT AVENUE, SUITE 304 BALA CYNWYD, PA 19004 | TRANSAMERICA LIFE INSURANCE COMPANY | $420 | $0 | $420 | 2.00% |
| GALLAGHER BENEFIT SERVICES, INC.3 | 2056 VISTA PARKWAY, SUITE 300 WEST PALM BEACH, FL 33411 | AMERITAS LIFE INSURANCE CORPORATION | $2K | $0 | $2K | 10.00% |
| GALLAGHER BENEFIT SERVICES, INC.3 | 2850 GOLF ROAD, 21ST FLOOR ROLLING MEADOW, IL 60008 | AMERITAS LIFE INSURANCE CORPORATION | $0 | $136 | $136 | 0.78% |
| GALLAGHER BENEFIT SERVICES, INC.3 | TWO PIERCE PLACE, 8TH FLOOR ITASCA, IL 60143 | USABLE LIFE | $1K | $0 | $1K | 10.00% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST, M2H NEWARK, NJ 07105 | USABLE LIFE | $0 | $300 | $300 | 2.87% |
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 | 155 | 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) | 155 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 126 | $1.8M |
| Dental | HORIZON HEALTHCARE SERVICES, INC. | 126 | $1.8M |
| Vision | AMERITAS LIFE INSURANCE CORPORATION | 193 | $17K |
| Life insurance(3 contracts, 3 carriers) | AFLAC | 155 | $85K |
| Short-term disability | AFLAC | 73 | $53K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 126 | $1.8M |
| Other(2 contracts, 2 carriers) | USABLE LIFE | 155 | $13K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 193 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.