| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SAVOY ASSOCIATES3 | 200 CONNELL DRIVE SUITE 1000 BERKELEY HEIGHTS, NJ 07922 | HORIZON HEALTHCARE SERVICES, INC | $49K | $10K | $59K | 4.87% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: RISK PLACEMENT SERVICES INC | 2850 GOLF RD ROLLING MEADOWS, IL 60008 | HORIZON HEALTHCARE SERVICES, INC | $10K | $2K | $12K | 0.98% |
| PHOENIX INSURANCE GROUP, INC.3 Filed as: PHOENIX INSURANCE GROUP INC | 205 MAIN ST CHESTER, NJ 07930 | PRINCIPAL LIFE INSURANCE COMPANY | $23K | — | $23K | 12.88% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | PRINCIPAL LIFE INSURANCE COMPANY | — | $20K | $20K | 11.04% |
| JAMES R NELLIGAN & ASSOCIATES LLC3 Filed as: JAMES R NELLIGAN AND ASSOCIATES LLC | 1933 STATE ROUTE 35 STE 368 WALL TOWNSHIP, NJ 07719 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $4K | $4K | $8K | 19.78% |
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 | 107 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 107 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC | 75 | $1.2M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 202 | $180K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 202 | $180K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 202 | $180K |
| Short-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 148 | $38K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 202 | $180K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC | 75 | $1.2M |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 202 | $180K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 202 | — |
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.