| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ABEL BENEFIT SOLUTIONS, INC.3 Filed as: ABEL BENEFIT SOLUTIONS INC. | 2 CORPORATE DR CRANBURY, NJ 085123604 | UNITEDHEALTHCARE INSURANCE COMPANY | -$41K | — | -$41K | -0.28% |
| ROBERT SCHIAZZA II3 | 20 VILLANOVA DR FREEHOLD, NJ 077288867 | UNITEDHEALTHCARE INSURANCE COMPANY | -$261K | — | -$261K | -1.76% |
| ABEL BENEFIT SOLUTIONS, INC.3 | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | UNITEDHEALTHCARE INSURANCE COMPANY | $35K | — | $35K | 3.94% |
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT FINANCIAL GROUP | 5420 LYNDON B. JOHNSON FREEWAY SUITE 725 DALLAS, TX 752406260 | METROPOLITAN LIFE INSURANCE COMPANY | $50K | $8K | $58K | 17.66% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP SERVICES INS SERVICES INC | 1250 S CAPITAL OF TEXAS HWY BLDG 2 STE 125 AUSTIN, TX 787466446 | METROPOLITAN LIFE INSURANCE COMPANY | -$2K | — | -$2K | -0.51% |
| MY BENEFIT ADVISOR LLC3 | 1787 SENTRY PKWY W STE 320 BLUE BELL, PA 194222240 | UNITEDHEALTHCARE INSURANCE COMPANY | $16K | — | $16K | 5.00% |
| ABEL BENEFIT SOLUTIONS, INC.3 | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | FLAGSHIP HEALTH SYSTEMS | $2K | — | $2K | 2.99% |
| ABEL BENEFIT SOLUTIONS, INC.3 Filed as: ABEL BENEFITSOLUTIONS, INC. | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | DELTA DENTAL | $37 | — | $37 | 3.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SUMMIT FANANCIAL GROUP INC. NONE | Insurance agents and brokers Service code 22 | 5420 LYNDON B JOHNSON FREEWAY SUITE 725 DALLAS, TX 75240 | $50K |
| MY BENEFIT ADVISOR LLC NONE | Insurance agents and brokers Service code 22 | 1787 SENTRY PKWY W STE 320 BLUE BELL, PA 194222240 | $16K |
| NFPS INS SERVICES INC NONE | Insurance agents and brokers Service code 22 | 1250 S CAPITAL OF TEXAS HWY BLDG 2 STE 125 AUSTIN, TX 787466446 | -$2K |
| ROBERT SCHIAZZA II NONE | Insurance agents and brokers Service code 22 | 20 VILLANOVA DRIVE FREEHOLD, NJ 07728 | -$41K |
| ABEL BENEFIT SOLUTIONS NONE | Insurance agents and brokers Service code 22 | 2 CORPORATE DRIVE CRANBURY, NJ 08512 | -$148K |
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 | 3,407 | 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) | 3,407 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | UNITEDHEALTHCARE INSURANCE COMPANY | 1,738 | $15.1M |
| Dental(3 contracts, 3 carriers) | UNITEDHEALTHCARE INSURANCE COMPANY | 1,808 | $946K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,394 | $328K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,394 | $328K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,394 | $328K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,394 | $328K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,808 | — |
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."
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.