| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSUREDPARTNERS3 Filed as: AP BENEFIT ADVISORS LLC DBA ASSURED | 718 RIVER RD FAIR HAVEN, NJ 07704 | HORIZON HEALTHCARE SERVICES, INC. | $31K | — | $31K | 3.50% |
| PLATINUM PLANNING INC3 | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | DELTA DENTAL OF NJ, INC. | $2K | — | $2K | 2.37% |
| ASSUREDPARTNERS3 Filed as: ASSUREDPARTNERS WB | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | DELTA DENTAL OF NJ, INC. | $2K | — | $2K | 2.03% |
| PLATINUM PLANNING INC3 Filed as: PLATINUM PLANNING INC DBA PAUL WALS | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | USABLE LIFE | $3K | — | $3K | 10.58% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $2K | $2K | 5.94% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 200 INTERNATIONAL CIRCLE SUITE 4500 HUNT VALLEY, MD 21031 | USABLE LIFE | $562 | — | $562 | 2.03% |
| PLATINUM PLANNING INC3 Filed as: PLATINUM PLANNING INC DBA PAUL WALS | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | USABLE LIFE | $3K | — | $3K | 12.23% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $2K | $2K | 6.71% |
| AP BENEFIT ADVISORS, LLC3 Filed as: AP BENEFIT ADVISORS LLC | 200 INTERNATIONAL CIRCLE SUITE 4500 HUNT VALLEY, MD 21031 | USABLE LIFE | $689 | — | $689 | 2.62% |
| ASSUREDPARTNERS3 Filed as: AP BENEFIT ADVISORS LLC DBA ASSURED | 718 RIVER ROAD FAIR HAVEN, NJ 07704 | HORIZON HEALTHCARE SERVICES, INC. | $937 | — | $937 | 10.04% |
| ASSUREDPARTNERS3 Filed as: AP BENEFIT ADVISORS LLC DBA ASSURED | 718 RIVER RD FAIR HAVEN, NJ 07704 | HORIZON HEALTHCARE SERVICES, INC. | $8K | — | $8K | — |
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 | 144 | 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) | 144 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 116 | $879K |
| Dental | DELTA DENTAL OF NJ, INC. | 187 | $76K |
| Vision | HORIZON HEALTHCARE SERVICES, INC. | 87 | $9K |
| Life insurance | USABLE LIFE | 175 | $28K |
| Long-term disability | USABLE LIFE | 144 | $26K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 116 | $0 |
| Other | USABLE LIFE | 175 | $28K |
| 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."
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.