| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SAVOY ASSOCIATES3 Filed as: DONALD C. SAVOY ASSOCIATES | 25B HANOVER ROAD FLORHAM PARK, NJ 07935 | INDEPENDENCE BLUE CROSS - PERSONAL CHOICE | $47K | $7K | $55K | 5.63% |
| SAVOY ASSOCIATES3 Filed as: DONALD C. SAVOY ASSOCIATES | 25B HANOVER ROAD FLORHAM PARK, NJ 07932 | KEYSTONE HEALTH PLAN EAST | $28K | $4K | $32K | 5.60% |
| THE WILSHIRE GROUP LLC3 | 2035 LINCOLN HIGHWAY EDISON, NJ 08817 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $7K | $891 | $8K | 7.81% |
| THE WILSHIRE GROUP LLC3 | 2035 LINCOLN HIGHWAY EDISON, NJ 08817 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | — | $4K | 6.05% |
| THE WILSHIRE GROUP LLC3 | 2035 LINCOLN HIGHWAY EDISON, NJ 08817 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4K | — | $4K | 10.40% |
| THE WILSHIRE GROUP LLC3 Filed as: WILSHIRE GROUP LLC | 2035 LINCOLN HIGHWAY EDISON, NJ 08817 | THE HARTFORD | $3K | — | $3K | 11.63% |
| THE WILSHIRE GROUP LLC3 Filed as: WILSHIRE GROUP LLC | 2035 STATE ROUTE 27, SUITE 1080 EDISON, NJ 088173352 | VISION SERVICE PLAN | $944 | — | $944 | 6.11% |
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 | 240 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 241 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | KEYSTONE HEALTH PLAN EAST | 111 | $568K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 199 | $97K |
| Vision | VISION SERVICE PLAN | 194 | $15K |
| Life insurance | THE HARTFORD | 111 | $29K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 240 | $60K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 240 | $37K |
| Other | THE HARTFORD | 111 | $29K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 240 | — |
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.
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.