| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARTIN INSURANCE GROUP3 | 259 PROSPECT PLAINS RD BLDG F, SUITE 110 CRANBURY, NJ 08512 | HORIZON HEALTHCARE SERVICES, INC. | $29K | — | $29K | 2.20% |
| MARTIN INSURANCE GROUP3 | 259 PROSPECT PLAINS RD BLDG F, SUITE 110 CRANBURY, NJ 08512 | HORIZON HEALTHCARE SERVICES, INC. | $5K | — | $5K | 2.05% |
| MARTIN INSURANCE GROUP3 | 259 PROSPECT PLAINS RD BLDG F, SUITE 110 CRANBURY, NJ 08512 | HORIZON HEALTHCARE SERVICES, INC. | $3K | — | $3K | 4.63% |
| MARTIN INSURANCE GROUP3 | 259 PROSPECT PLAINS RD BLDG F, SUITE 110 CRANBURY, NJ 08512 | HORIZON HEALTHCARE DENTAL, INC. | $1K | — | $1K | 4.63% |
| MARTIN INSURANCE GROUP3 | 259 PROSPECT PLAINS RD BLDG F, SUITE 110 CRANBURY, NJ 08512 | HORIZON INSURANCE COMPANY | $1K | — | $1K | 10.04% |
| MARTIN INSURANCE GROUP3 Filed as: MARTIN INSURANCE SERVICES INC | 259 PROSPECT PLAINS RD BLDG F, SUITE 110 CRANBURY, NJ 08512 | USABLE LIFE | $2K | — | $2K | 13.96% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $887 | $887 | 6.96% |
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 | 159 | 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) | 159 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 158 | $1.3M |
| Dental(2 contracts, 2 carriers) | HORIZON HEALTHCARE SERVICES, INC. | 81 | $82K |
| Vision | HORIZON INSURANCE COMPANY | 95 | $13K |
| Life insurance | USABLE LIFE | 164 | $13K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 157 | $221K |
| Other | USABLE LIFE | 164 | $13K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 164 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.