| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CUSTOMIZED BENEFIT SOLUTIONS3 Filed as: CUSTOMIZED BENEFIT SOLUTIONS INC | 125 RAILROAD AVENUE SUITE 2 HIGHSTOWN, NJ 08520 | USABLE LIFE | $3K | — | $3K | 13.64% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $1K | $1K | 7.18% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD #B SUITE 220 FLORHAM PARK, NJ 07932 | USABLE LIFE | $234 | — | $234 | 1.14% |
| MARTIN INSURANCE GROUP3 Filed as: MARTIN INSURANCE SERVICES INC | 259 PROSPECT PLAINS ROAD BLDG F SUITE 110 CRANBURY, NJ 08512 | USABLE LIFE | $177 | — | $177 | 0.86% |
| CUSTOMIZED BENEFIT SOLUTIONS3 Filed as: CUSTOMIZED BENEFIT SOLUTIONS INC | 125 RAILROAD AVENUE SUITE 2 HIGHSTOWN, NJ 07932 | USABLE LIFE | $1K | — | $1K | 12.29% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $791 | $791 | 7.31% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD #B SUITE 220 FLORHAM PARK, NJ 07932 | USABLE LIFE | $124 | — | $124 | 1.15% |
| MARTIN INSURANCE GROUP3 Filed as: MARTIN INSURANCE SERVICES INC | 259 PROSPECT PLAINS ROAD BLDG F SUITE 110 CRANBURY, NJ 08512 | USABLE LIFE | $92 | — | $92 | 0.85% |
| CUSTOMIZED BENEFIT SOLUTIONS3 Filed as: CUSTOMIZED BENEFIT SOLUTIONS INC | 125 RAILROAD AVENUE SUITE 2 HIGHSTOWN, NJ 08520 | USABLE LIFE | $3K | — | $3K | 59.99% |
| HORIZON INSURANCE COMPANY3 | 3 PEN NEWARK, NJ 07105 | USABLE LIFE | — | $1K | $1K | 31.99% |
| DONALD C SAVOY INC3 | 25B SUITE 220 FLORHAM PARK, NJ 07932 | USABLE LIFE | $192 | — | $192 | 4.57% |
| MARTIN INSURANCE GROUP3 Filed as: MARTIN INSURANCE SERVICES INC | 259 PROSPECT PLAINS ROAD BLDG F SUITE 110 CRANBURY, NJ 08512 | USABLE LIFE | $144 | — | $144 | 3.43% |
| CUSTOMIZED BENEFIT SOLUTIONS3 Filed as: CUSTOMIZED BENEFIT SOLUTIONS INC | 125 RAILROAD AVENUE SUITE 2 HIGHSTOWN, NC 08520 | USABLE LIFE | $110 | — | $110 | 15.05% |
| HORIZON INSURANCE COMPANY3 | 3 PEN NEWARK, NJ 07105 | USABLE LIFE | — | $59 | $59 | 8.07% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD #B SUITE 220 FLORHAM PARK, NJ 07932 | USABLE LIFE | $8 | — | $8 | 1.09% |
| MARTIN INSURANCE GROUP3 Filed as: MARTIN INSURANCE SERVICES INC | 259 PROSPECT PLAINS ROAD BLDG F SUITE 110 CRANBURY, NJ 08512 | USABLE LIFE | $7 | — | $7 | 0.96% |
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 | 110 | 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) | 110 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | USABLE LIFE | 107 | $11K |
| Long-term disability | USABLE LIFE | 107 | $21K |
| Other(3 contracts) | USABLE LIFE | 107 | $16K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 107 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.