| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SAVOY ASSOCIATES3 Filed as: DONALD C. SAVOY ASSOCIATES | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | INDEPENDENCE BLUE CROSS | $99K | — | $99K | 6.94% |
| MARK Z WALTERS3 Filed as: MARK Z. WALTERS | 21 BRIDGE STREET CHATHAM, NJ 07928 | AMERICAN GENERAL LIFE INSURANCE COMPANY | $3K | — | $3K | 3.95% |
| BRIAN M SWEATT3 Filed as: BRIAN M SWEATT C/O SWEATT & WALTERS | 235 US HWY 22, STE 6 GREEN BROOK, NJ 08812 | AMERICAN GENERAL LIFE INSURANCE COMPANY | $3K | — | $3K | 3.95% |
| DONALD C SAVOY INC3 Filed as: DONALD C. SAVOY, INC. | 25B HANOVER ROAD STE 220 FLORHAM PARK, NJ 07932 | AMERICAN GENERAL LIFE INSURANCE COMPANY | $2K | — | $2K | 2.87% |
| BRIAN M SWEATT3 | SWEATT WALTERS ASSOCIATES 235 US HWY 22 SUITE 6 GREEN BROOK, NJ 08812 | AMERICAN GENERAL LIFE INSURANCE COMPANY | $3K | — | $3K | 3.76% |
| MARK Z WALTERS3 | 21 BRIDGE ST CHATHAM, NJ 07928 | AMERICAN GENERAL LIFE INSURANCE COMPANY | $3K | — | $3K | 3.76% |
| DONALD C SAVOY INC3 Filed as: DONALD C SAVOY, INC. | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | AMERICAN GENERAL LIFE INSURANCE COMPANY | $757 | — | $757 | 1.09% |
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 | 121 | 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) | 122 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDEPENDENCE BLUE CROSS | 271 | $1.4M |
| Dental | AMERICAN GENERAL LIFE INSURANCE COMPANY | 184 | $76K |
| Vision | AMERICAN GENERAL LIFE INSURANCE COMPANY | 184 | $76K |
| Life insurance | AMERICAN GENERAL LIFE INSURANCE COMPANY | 184 | $69K |
| Long-term disability | AMERICAN GENERAL LIFE INSURANCE COMPANY | 184 | $69K |
| Prescription drug | INDEPENDENCE BLUE CROSS | 271 | $1.4M |
| Other | AMERICAN GENERAL LIFE INSURANCE COMPANY | 184 | $69K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 271 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.