| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FLEXIBLE BENEFIT PLANS, INC.3 | 1288 VALLEY FORGE COMMONS VALLEY FORGE, PA 19482 | INDEPENDENCE BLUE CROSS | $128K | $1K | $129K | 7.13% |
| BRIAN M SWEATT3 | 235 ROUTE 22 GREEN BROOK, NJ 08812 | STANDARD INSURANCE COMPANY | $6K | — | $6K | 7.74% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 1.95% |
| MARK Z WALTERS3 | 235 ROUTE 22 GREEN BROOK, NJ 08812 | STANDARD INSURANCE COMPANY | $181 | — | $181 | 0.24% |
| BRIAN M SWEATT3 | 235 ROUTE 22 GREEN BROOK, NJ 08812 | STANDARD INSURANCE COMPANY | $5K | — | $5K | 8.47% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 6.69% |
| MARK Z WALTERS3 | 235 ROUTE 22 GREEN BROOK, NJ 08812 | STANDARD INSURANCE COMPANY | $278 | — | $278 | 0.47% |
| BRIAN M SWEATT3 | 235 ROUTE 22 GREEN BROOK, NJ 08812 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 7.03% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 6.90% |
| MARK Z WALTERS3 | 235 ROUTE 22 GREEN BROOK, NJ 08812 | STANDARD INSURANCE COMPANY | $213 | — | $213 | 0.62% |
| BRIAN M SWEATT3 | 235 ROUTE 22 GREEN BROOK, NJ 08812 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 8.19% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | STANDARD INSURANCE COMPANY | $634 | — | $634 | 4.06% |
| MARK Z WALTERS3 | 235 ROUTE 22 GREEN BROOK, NJ 08812 | STANDARD INSURANCE COMPANY | $48 | — | $48 | 0.31% |
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 | 113 | 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) | 114 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDEPENDENCE BLUE CROSS | 113 | $1.8M |
| Dental | STANDARD INSURANCE COMPANY | 112 | $76K |
| Vision | STANDARD INSURANCE COMPANY | 112 | $16K |
| Life insurance | STANDARD INSURANCE COMPANY | 143 | $35K |
| Long-term disability | STANDARD INSURANCE COMPANY | 143 | $60K |
| Prescription drug | INDEPENDENCE BLUE CROSS | 113 | $1.8M |
| Other | STANDARD INSURANCE COMPANY | 143 | $35K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 143 | — |
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.