| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BSC AGENCY LLC3 Filed as: BSC GROUP SERVICES LLC | 133 PROSPECT ST WESTFIELD, NJ 07090 | GUARDIAN | $17K | $9K | $26K | 5.43% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS. LLC | ONE INVESTORS WAY NORWOOD, MA 02062 | GUARDIAN | $4K | $2K | $5K | 1.10% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SEI TRUST INVESTMENT MANAGER | Trustee (bank, trust company, or similar financial institution) Service code 21 | 1 FREEDOM DRIVE OAKS, PA 19456 | $125K |
| HEWITT ASSOCIATES, LLC EIN 36-2235791 ACTUARY/CONSULTING | Actuarial Service code 11 | 400 ATRIUM DRIVE SOMERSET, NJ 08873 | $17K |
| BAKER TILLY VIRCHOW KRAUSE, LLP EIN 39-0859910 AUDITOR | Actuarial; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 11 | 100 WALNUT AVENUE, SUITE 200 CLARK, NJ 07066 | $15K |
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 | 1,356 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 292 | Continuation coverage (COBRA, retiree health). |
| Beneficiaries receiving benefits | 5 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 1,653 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES. INC. | 1,228 | $15.7M |
| Dental | DELTA DENTAL OF NJ, INC. | 1,003 | $896K |
| Short-term disability | GUARDIAN | 1,044 | $482K |
| Long-term disability | GUARDIAN | 1,055 | $440K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC | 1,196 | $5.7M |
| Other | GUARDIAN | 1,055 | $440K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,228 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.