| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FIRM BENEFITS, INC.3 Filed as: FIRM BENEFITS, INC.- HEALTH/PRESCR. | 1 LETHBRIDGE PLAZA MAHWAH, NJ 07430 | HORIZON HEALTHCARE SERVICES, INC. | $57K | — | $57K | 4.84% |
| FIRM BENEFITS, INC.3 | 1 LETHBRIDGE PLAZA STE 30 MAHWAH, NJ 074302133 | DELTA DENTAL OF NJ, INC. | $6K | — | $6K | 4.38% |
| FIRM BENEFITS, INC.3 Filed as: FIRM BENEFITS | 1 LETHBRIDGE PLAZA MAHWAH, NJ 07430 | USABLE LIFE | $3K | — | $3K | 28.33% |
| FIRM BENEFITS, INC.3 | 1 LETHBRIDGE PLAZA MAHWAH, NJ 07430 | USABLE LIFE | $3K | — | $3K | 25.23% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07015 | USABLE LIFE | — | $2K | $2K | 19.71% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07015 | USABLE LIFE | — | $2K | $2K | 16.82% |
| FIRM BENEFITS, INC.3 Filed as: FIRM BENEFITS INC | 1 LETHBRIDGE PLAZA MAHWAH, NJ 07430 | USABLE LIFE | $1K | — | $1K | 11.96% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $1K | $1K | 9.03% |
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 | 159 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 159 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 109 | $1.2M |
| Dental | DELTA DENTAL OF NJ, INC. | 127 | $131K |
| Life insurance(2 contracts) | USABLE LIFE | 159 | $33K |
| Long-term disability | USABLE LIFE | 159 | $30K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 109 | $1.2M |
| Other(2 contracts) | USABLE LIFE | 159 | $33K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 159 | — |
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.
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.