| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ACORN FINANCIAL SERVICES3 | 290 W. MOUNT PLEASANT AVENUE SUITE 2300 LIVINGSTON, NJ 07039 | HORIZON HEALTHCARE SERVICES, INC. | $60K | $0 | $60K | 4.96% |
| DANIEL P KEENAN3 Filed as: DANIEL KEENAN | 330 HICKORY LANE HADDONFIELD, NJ 08033 | US ABLE LIFE | $411 | $0 | $411 | 8.13% |
| HENNION & WALSH WEALTH ADVISORS3 | 2001 RT 46 WATERVIEW PLAZA PARSIPPANY, NJ 07054 | US ABLE LIFE | $315 | $0 | $315 | 6.23% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | US ABLE LIFE | $0 | $294 | $294 | 5.81% |
| IAN MCLAUGHLIN3 | 314 WELLINGTON TERRACE JENKINTOWN, PA 19046 | US ABLE LIFE | $32 | $0 | $32 | 0.63% |
| DANIEL P KEENAN3 Filed as: DANIEL KEENAN | 30 WASHINGTON AVENUE STE B-5 HADDONFIELD, NJ 08033 | METROPOLITAN LIFE INSURANCE COMPANY | $333 | $0 | $333 | 9.75% |
| IAN MCLAUGHLIN3 | 314 WELLINGTON TERRACE JENKINTOWN, PA 19046 | METROPOLITAN LIFE INSURANCE COMPANY | $111 | $0 | $111 | 3.25% |
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 | 142 | 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. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 142 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 103 | $1.2M |
| Life insurance | US ABLE LIFE | 142 | $5K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 142 | $3K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 142 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.