| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ABEL BENEFIT SOLUTIONS, INC.3 | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | OXFORD HEALTH INSURANCE, INC. | $487K | — | $487K | 3.92% |
| ROBERT SCHIAZZA II3 | 20 VILLANOVA DRIVE FREEHOLD, NJ 07728 | OXFORD HEALTH INSURANCE, INC. | $103K | — | $103K | 0.83% |
| CARECONNECT INSURANCE AGENCY INC3 Filed as: CARECONNECT INSURANCE AGENCY INC. | 2200 NORTHERN BLVD EAST HILLS, NY 11548 | OXFORD HEALTH INSURANCE, INC. | $0 | $150 | $150 | 0.00% |
| ABEL BENEFIT SOLUTIONS, INC.3 | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | UNITED HEALTHCARE INSURANCE | $30K | — | $30K | 4.01% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT FINANCIAL GROUP | 5420 LYNDON B. JOHNSON FREEWAY SUITE 725 DALLAS, TX 752406260 | METROPOLITAN LIFE INSURANCE COMPANY | $27K | $3K | $30K | 15.98% |
| ABEL BENEFIT SOLUTIONS, INC.3 | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | FLAGSHIP HEALTH SYSTEMS | $2K | — | $2K | 3.07% |
| ABEL BENEFIT SOLUTIONS, INC.3 | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | ALPHA DENTAL PROGRAMS, INC. | $48 | — | $48 | 3.03% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ABEL BENEFIT SOLUTIONS, INC. NONE | Insurance agents and brokers Service code 22 | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | $517K |
| ROBERT SCHIAZZA II NONE | Insurance agents and brokers Service code 22 | 20 VILLANOVA DRIVE FREEHOLD, NJ 07728 | $103K |
| SUMMIT FINANCIAL GROUP INC. NONE | Insurance agents and brokers Service code 22 | 5420 LYNDON B JOHNSON FREEWAY SUITE 725 DALLAS, TX 75240 | $30K |
| FLAGSHIP HEALTH SYSTEMS EIN 22-2671069 NONE | Contract Administrator Service code 13 | — | $11K |
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 | 2,883 | 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) | 2,883 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | OXFORD HEALTH INSURANCE, INC. | 1,628 | $13.2M |
| Dental(2 contracts, 2 carriers) | FLAGSHIP HEALTH SYSTEMS | 228 | $77K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,022 | $188K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,022 | $188K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,022 | $188K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,022 | $188K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,628 | — |
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.