| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 | PARK 80W PLZ 2 250 PEHLE AVE W 400 SADDLE BROOK, NJ 07663 | UNUM LIFE INSURANCE COMPANY | $30K | $4K | $33K | 6.89% |
| MARSH & MCLENNAN AGENCY LLC3 | PARK 80W PLZ 2 250 PEHLE AVE W 400 SADDLE BROOK, NJ 07663 | DELTA DENTAL OF NJ | $12K | $0 | $12K | 5.81% |
| MARSH & MCLENNAN AGENCY LLC3 | PARK 80W PLZ 2 250 PEHLE AVE W 400 SADDLE BROOK, NJ 07663 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $4K | $542 | $5K | 6.31% |
| MARSH & MCLENNAN AGENCY LLC3 | PARK 80W PLZ 2 250 PEHLE AVE W 400 SADDLE BROOK, NJ 07663 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | $362 | $8K | 15.75% |
| MARSH & MCLENNAN AGENCY LLC3 | PARK 80W PLZ 2 250 PEHLE AVE W 400 SADDLE BROOK, NJ 07663 | VSP - VISION SERVICE PLAN | $1K | $0 | $1K | 5.70% |
| MARSH & MCLENNAN AGENCY LLC3 | PARK 80W PLZ 2 250 PEHLE AVE W 400 SADDLE BROOK, NJ 07663 | UNUM LIFE INSURANCE COMPANY | $2K | $103 | $2K | 15.75% |
| MARSH & MCLENNAN AGENCY LLC3 | PARK 80W PLZ 2 250 PEHLE AVE W 400 SADDLE BROOK, NJ 07663 | FLAGSHIP HEALTH SYSTEMS | $47 | $0 | $47 | 3.26% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| OPTUMRX, INC. EIN 33-0441200 PHARMACY BENEFIT MNGMT | Float revenue; Claims processing; Direct payment from the plan; Other fees Service code 12 | — | $1.2M |
| UMR INC EIN 39-1995276 CLAIMS PROCESSOR | Claims processing Service code 12 | — | $408K |
| MARSH & MCLENNAN AGENCY LLC EIN 26-3237576 INSURANCE BROKER | Other commissions Service code 55 | — | $126K |
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 | 206 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 206 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | DELTA DENTAL OF NJ | 380 | $215K |
| Vision | VSP - VISION SERVICE PLAN | 144 | $18K |
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY | 206 | $534K |
| Short-term disability(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY | 206 | $558K |
| Long-term disability(2 contracts) | UNUM LIFE INSURANCE COMPANY | 206 | $499K |
| Other(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY | 206 | $534K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 380 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.