| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARTIN FINANCIAL GROUP3 | 4 INDEPENDENCE WAY PRINCETON, NJ 08540 | HORIZON HEALTHCARE SERVICES, INC | $85K | — | $85K | 4.19% |
| MARTIN FINANCIAL GROUP3 | 4 INDEPENDENCE WAY PRINCETON, NJ 08540 | HORIZON HEALTHCARE SERVICES, INC | $5K | — | $5K | 3.47% |
| NORTHEASTERN BENEFIT SERVICES LLC3 Filed as: NORTHEASTERN BENEFITS SERVICES, LLC | 731 ALEXANDER ROAD STE 300 PRINCETON, NJ 08540 | USABLE LIFE | $12K | — | $12K | 8.19% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $10K | $10K | 6.80% |
| NORTHEASTERN BENEFIT SERVICES LLC3 Filed as: NORTHEASTERN BENEFITS SERVICES, LLC | 731 ALEXANDER ROAD STE 303 PRINCETON, NJ 08540 | VISION SERVICE PLAN | $933 | — | $933 | 6.17% |
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 | 133 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 0 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC | 133 | $2.0M |
| Dental | HORIZON HEALTHCARE SERVICES, INC | 139 | $158K |
| Vision | VISION SERVICE PLAN | 138 | $15K |
| Life insurance | USABLE LIFE | 151 | $144K |
| Short-term disability | USABLE LIFE | 151 | $144K |
| Long-term disability | USABLE LIFE | 151 | $144K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC | 133 | $2.0M |
| Other | USABLE LIFE | 151 | $144K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 151 | — |
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."
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.