| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CHRISTOPHER SZEM3 Filed as: CHRISTOPHER B. SZEM | 188 EAST BERGEN PLACE RED BANK, NJ 07701 | DELTA DENTAL OF NEW JERSEY, INC. | $5K | $0 | $5K | 2.59% |
| CHRISTOPHER SZEM3 | 3060 NE 40TH COURT FORT LAUDERDALE, FL 33308 | USABLE LIFE | $12K | — | $12K | 8.97% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | $0 | $10K | $10K | 7.50% |
| CHRISTOPHER SZEM3 Filed as: CHRISTOPHER B. SZEM | 188 EAST BERGEN PLACE RED BANK, NJ 07701 | FLAGSHIP HEALTH SYSTEMS | $58 | $0 | $58 | 2.66% |
| WORLD INSURANCE ASSOCIATES LLC3 Filed as: WORLD INSURANCE ASSOCIATES, LLC | 100 WOOD AVENUE SOUTH, 4TH FLOOR ISELIN, NJ 08830 | FLAGSHIP HEALTH SYSTEMS | $8 | — | $8 | 0.37% |
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 | 223 | 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. |
| Total participants (= "Plan participants" tile) | 223 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDECS CORPORATION | 134 | $450K |
| Dental(2 contracts, 2 carriers) | DELTA DENTAL OF NEW JERSEY, INC. | 300 | $184K |
| Vision | VISION SERVICE PLAN | 158 | $19K |
| Life insurance | USABLE LIFE | 223 | $130K |
| Short-term disability | USABLE LIFE | 223 | $130K |
| Long-term disability | USABLE LIFE | 223 | $130K |
| Prescription drug | INDECS CORPORATION | 134 | $450K |
| Other | USABLE LIFE | 223 | $130K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 300 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.