| 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 | $112K | — | $112K | 6.86% |
| FLEXIBLE BENEFITS PLANS INC3 Filed as: FLEXIBLE BENEFITS PLAN, INC. | 1288 VALLEY FORGE COMMONS VALLEY FORGE, PA 19482 | INDEPENDENCE BLUE CROSS | $22K | — | $22K | 6.88% |
| DONALD C SAVOY INC3 | ROUND TABLE STUDIOS SUITE 1000, 200 CONNELL DRIVE BERKELEY HEIGHTS, NJ 07922 | STANDARD INSURANCE COMPANY | $3K | $1K | $5K | 7.17% |
| BRIAN M SWEATT3 | 1 MADONNA LANE ANNADALE, NJ 08802 | STANDARD INSURANCE COMPANY | $5K | — | $5K | 7.01% |
| BRIAN M SWEATT3 | 1 MADONNA LANE ANNADALE, NJ 08801 | STANDARD INSURANCE COMPANY | $5K | — | $5K | 7.76% |
| DONALD C SAVOY INC3 | ROUND TABLE STUDIOS SUITE 1000, 200 CONNELL DRIVE BERKELEY HEIGHTS, NJ 07922 | STANDARD INSURANCE COMPANY | $745 | $700 | $1K | 2.18% |
| BRIAN M SWEATT3 | 1 MADONNA LANE ANNADALE, NJ 08802 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 7.71% |
| DONALD C SAVOY INC3 | ROUND TABLE STUDIOS SUITE 1000, 200 CONNELL DRIVE BERKELEY HEIGHTS, NJ 07922 | STANDARD INSURANCE COMPANY | $1K | $561 | $2K | 7.08% |
| BRIAN M SWEATT3 | 1 MADONNA LANE ANNADALE, NJ 08802 | STANDARD INSURANCE COMPANY | $1K | — | $1K | 7.78% |
| DONALD C SAVOY INC3 | ROUND TABLE STUDIOS SUITE 1000, 200 CONNELL DRIVE BERKELEY HEIGHTS, NJ 07922 | STANDARD INSURANCE COMPANY | $294 | $287 | $581 | 4.31% |
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 | 174 | 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) | 174 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | INDEPENDENCE BLUE CROSS | 232 | $1.6M |
| Dental | STANDARD INSURANCE COMPANY | 124 | $66K |
| Vision | STANDARD INSURANCE COMPANY | 124 | $13K |
| Life insurance | STANDARD INSURANCE COMPANY | 165 | $27K |
| Long-term disability | STANDARD INSURANCE COMPANY | 165 | $67K |
| Prescription drug | INDEPENDENCE BLUE CROSS | 232 | $324K |
| Other | STANDARD INSURANCE COMPANY | 165 | $27K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 232 | — |
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.