| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CUSTOMIZED BENEFIT SOLUTIONS3 | 125 RAILROAD AVE STE 2 HIGHTSTOWN, NJ 085203742 | UNITEDHEALTHCARE INSURANCE COMPANY | $53K | $0 | $53K | 4.89% |
| GCG FINANCIAL LLC3 Filed as: CRISP, AN ALERA GROUP INSURANCE AG | 1250 ROUTE 28 STE 201 BRANCHBURG, NJ 08876 | USABLE LIFE | $10K | $0 | $10K | 15.68% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | $0 | $4K | $4K | 7.36% |
| DONALD C SAVOY INC3 Filed as: DONALD C SAVOY INC ROUND TABLE STUD | 200 CONNELL DR BERKELEY HEIGHTS, NJ 07922 | USABLE LIFE | $1K | $0 | $1K | 1.85% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: RISK PLACEMENT SERVICES INC | 2850 GOLF RD ROLLING MEADOWS, IL 60008 | USABLE LIFE | $98 | $0 | $98 | 0.16% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: RISK PLACEMENT SERVICES INC | 2850 GOLF RD ROLLING MEADOWS, IL 60008 | HORIZON HEALTHCARE DENTAL, INC. | $2K | $2K | $4K | 7.98% |
| SAVOY ASSOCIATES3 Filed as: SAVOY ASSOCIATES (2) | 200 CONNELL DRIVE SUITE 1000 BERKELEY HEIGHTS, NJ 07922 | HORIZON HEALTHCARE DENTAL, INC. | $651 | $291 | $942 | 1.78% |
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 | 117 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 121 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITEDHEALTHCARE INSURANCE COMPANY | 85 | $1.1M |
| Dental | HORIZON HEALTHCARE DENTAL, INC. | 95 | $53K |
| Vision | HORIZON HEALTHCARE DENTAL, INC. | 95 | $53K |
| Long-term disability | USABLE LIFE | 111 | $61K |
| Other(2 contracts, 2 carriers) | USABLE LIFE | 111 | $114K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 111 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.