| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SAVOY ASSOCIATES3 Filed as: DONALD C SAVOY ASSOCIATES | 25 B HANOVER RD FLORHAM PARK, NJ 07932 | INDEPENDENCE BLUE CROSS-PPO | $47K | $0 | $47K | 4.86% |
| SAVOY ASSOCIATES3 Filed as: DONALD C SAVOY ASSOCIATES | 25 B HANOVER RD FLORHAM PARK, NJ 07932 | UNITED CONCORDIA INSURANCE COMPANY | $6K | $0 | $6K | 10.81% |
| TOMPKINS INSURANCE AGENCIES3 Filed as: TOMPKINS INS AGENCIES, INC | 90 MAIN ST BATAVIA, NY 14020 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $9K | $1K | $10K | 19.05% |
| JAMES R NELLIGAN & ASSOCIATES LLC3 | 2338 IMMOKALEE RD STE 240 NAPLES, FL 34110 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $3K | $2K | $5K | 9.38% |
| SAVOY ASSOCIATES3 Filed as: DONALD C SAVOY ASSOCIATES | 25 B HANOVER RD FLORHAM PARK, NJ 07932 | UNITED CONCORDIA INSURANCE COMPANY | $726 | $0 | $726 | 11.20% |
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 | 102 | 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) | 102 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDEPENDENCE BLUE CROSS-PPO | 211 | $967K |
| Dental(2 contracts) | UNITED CONCORDIA INSURANCE COMPANY | 129 | $60K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 102 | $53K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 102 | $53K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 102 | $53K |
| Prescription drug | INDEPENDENCE BLUE CROSS-PPO | 211 | $967K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 102 | $53K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 211 | — |
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.