| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SAVOY ASSOCIATES3 Filed as: DONALD C SAVOY ASSOCIATES | 25B HANOVER RD FLORHAM PARK, NJ 07932 | INDEPENDENCE BLUE CROSS | $69K | $14K | $83K | 6.55% |
| SAVOY ASSOCIATES3 Filed as: DONALD C SAVOY ASSOCIATES | 25B HANOVER RD FLORHAM PARK, NJ 07932 | KEYSTONE HEALTH PLAN EAST | $60K | $8K | $68K | 6.21% |
| THE JAMES B OSWALD COMPANY3 Filed as: JAMES R NELLIGAN & ASSOC LLC | 1800 ROUTE 34 BLDG 4 #404A WALL, NJ 07719 | STANDARD INSURANCE COMPANY | $4K | $6K | $10K | 11.39% |
| ARMSTRONG, DOYLE & CARROLL, INC.3 | 1255 DRUMMERS LANE STE 201 WAYNE, PA 19087 | STANDARD INSURANCE COMPANY | $7K | — | $7K | 8.00% |
| THE JAMES B OSWALD COMPANY3 Filed as: JAMES R NELLIGAN & ASSOC LLC | 1800 ROUTE 34 BLDG 4 #404A WALL, NJ 07719 | STANDARD INSURANCE COMPANY | $2K | $3K | $5K | 11.30% |
| ARMSTRONG, DOYLE & CARROLL, INC.3 Filed as: ARMSTRONG, DOYLE & CARROLL, INC | 1255 DRUMMERS LANE STE 201 WAYNE, PA 19087 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 8.00% |
| ARMSTRONG, DOYLE & CARROLL, INC.3 Filed as: ARMSTRONG, DOYLE & CARROLL, INC | 1285 DRUMMERS LANE STE 201 WAYNE, PA 19087 | AETNA LIFE INSURANCE CO | $3K | — | $3K | 6.20% |
| SAVOY ASSOCIATES3 Filed as: DONALD C SAVOY ASSOCIATES | 25B HANOVER RD #220 FLORHAM PARK, NJ 07932 | UNITED CONCORDIA DENTAL PLANS OF PENNSYLVANIA, INC. | $2K | — | $2K | 9.96% |
| SAVOY ASSOCIATES3 Filed as: DONALD C SAVOY ASSOCIATES | 25B HANOVER RD FLORHAM PARK, NJ 07932 | AMERIHEALTH INSURANCE COMPANY | $455 | $72 | $527 | 8.18% |
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 | 221 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 221 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | INDEPENDENCE BLUE CROSS | 172 | $2.4M |
| Dental(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO | 157 | $63K |
| Vision | INDEPENDENCE BLUE CROSS | 172 | $1.3M |
| Life insurance | STANDARD INSURANCE COMPANY | 221 | $47K |
| Short-term disability | STANDARD INSURANCE COMPANY | 213 | $89K |
| Prescription drug(3 contracts, 3 carriers) | INDEPENDENCE BLUE CROSS | 172 | $2.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 221 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.