| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NPPG EMPLOYEE BENEFITS LLC3 Filed as: NPPG EMPLOYEE BENEFITS, LLC | 494 SYCAMORE AVE SHREWSBURY, NJ 07702 | CIGNA HEALTH AND LIFE INSURANCE | $58K | $157K | $215K | 2.84% |
| SAVOY ASSOCIATES3 Filed as: DONALD SAVOY INC | 25B HANOVER RD SUITE 220 FLORHAM PARK, NJ 07932 | CIGNA HEALTH AND LIFE INSURANCE | $2 | $166K | $166K | 2.20% |
| NPPG EMPLOYEE BENEFITS LLC3 Filed as: NPPG EMPLOYEE BENEFITS | 494 SYCAMORE AVE SUITE 100 SHREWSBURY, NJ 07702 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $27K | — | $27K | 18.33% |
| SAVOY ASSOCIATES3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $7K | $7K | 4.58% |
| NPPG EMPLOYEE BENEFITS LLC3 Filed as: NPPG EMPLOYEE BENEFITS | 494 SYCAMORE AVENUE SUITE 100 SHREWSBURY, NJ 07702 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $18K | — | $18K | 18.43% |
| SAVOY ASSOCIATES3 | 25B HANOVER ROAD SUITE 250 FLORHAM PARK, NJ 07932 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $5K | $5K | 4.61% |
| NPPG EMPLOYEE BENEFITS LLC3 Filed as: NPPG EMPLOYEE BENEFITS | 494 SYCAMORE AVE SUITE 100 SHREWSBURY, NJ 07702 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $6K | — | $6K | 18.33% |
| SAVOY ASSOCIATES3 | 25B HANOVER RD SUITE 220 FLORHAM PARK, NJ 07932 | LIFE INSURANCE COMPANY OF NORTH AMERICA | — | $2K | $2K | 4.58% |
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 | 340 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 10 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 350 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE | 350 | $7.6M |
| Dental | CIGNA HEALTH AND LIFE INSURANCE | 350 | $7.6M |
| Vision | CIGNA HEALTH AND LIFE INSURANCE | 350 | $7.6M |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 0 | $146K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 0 | $99K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 0 | $33K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 350 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
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.