| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PAUL D. WALSH BENEFITS3 | 718 RIVER RD FAIR HAVEN, NJ 07704 | HORIZON HEALTHCARE SERVICES, INC. | $47K | — | $47K | 4.80% |
| PAUL D. WALSH BENEFITS3 | 718 RIVER RD FAIR HAVEN, NJ 07704 | HORIZON HEALTHCARE SERVICES, INC. | $11K | — | $11K | 3.51% |
| FANUELE FINANCIAL GROUP, LLC3 | 214 LITTLE FALLS ROAD, 2ND FLOOR FAIRFIELD, NJ 07004 | DELTA DENTAL OF NJ, INC. | $3K | — | $3K | 4.98% |
| PAUL D. WALSH BENEFITS3 | 718 RIVER RD FAIR HAVEN, NJ 07704 | DELTA DENTAL OF NJ, INC. | $993 | — | $993 | 1.67% |
| PAUL D. WALSH BENEFITS3 | 718 RIVER RD FAIR HAVEN, NJ 07704 | USABLE LIFE | $4K | — | $4K | 15.00% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $2K | $2K | 6.80% |
| PAUL D. WALSH BENEFITS3 | 718 RIVER RD FAIR HAVEN, NJ 07704 | USABLE LIFE | $2K | — | $2K | 14.18% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $866 | $866 | 7.54% |
| PAUL D. WALSH BENEFITS3 | 718 RIVER RD FAIR HAVEN, NJ 07704 | HORIZON INSURANCE COMPANY | $817 | — | $817 | 9.97% |
| FANUELE FINANCIAL GROUP, LLC3 | 214 LITTLE FALLS ROAD, 2ND FLOOR FAIRFIELD, NJ 07004 | ZURICH AMERICAN INSURANCE COMPANY | $252 | — | $252 | 15.01% |
| FANUELE FINANCIAL GROUP, LLC3 | 214 LITTLE FALLS ROAD, 2ND FLOOR FAIRFIELD, NJ 07004 | ZURICH AMERICAN INSURANCE COMPANY | $231 | — | $231 | 14.98% |
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 | 186 | 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) | 186 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 122 | $972K |
| Dental | DELTA DENTAL OF NJ, INC. | 187 | $59K |
| Vision | HORIZON INSURANCE COMPANY | 71 | $8K |
| Life insurance | USABLE LIFE | 176 | $11K |
| Long-term disability | USABLE LIFE | 176 | $25K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 122 | $327K |
| Other(2 contracts) | ZURICH AMERICAN INSURANCE COMPANY | 183 | $3K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 187 | — |
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.