| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INTERNATIONAL BENEFITS ADMIN3 Filed as: INTERNATIONAL BENEFITS ADMIN. | 100 GARDEN CITY PLAZA SUITE 110 GARDEN CITY, NY 11530 | XCHANGE BENEFITS | $72K | — | $72K | 14.69% |
| STEVEN P GERAS3 | 545 WEST END AVENUE APARTMENT 1G NEW YORK, NY 10024 | XCHANGE BENEFITS | $31K | — | $31K | 6.42% |
| SAVOY ASSOCIATES3 | 25 B HANOVER ROAD SUITE 220 FLORHAM PARK, NC 07932 | XCHANGE BENEFITS | $13K | — | $13K | 2.57% |
| DONALD C SAVOY INC NJ3 | 25B HANOVER ROAD SUITE 220 FLORHAM PARK, NJ 07932 | UNITEDHEALTHCARE INSURANCE COMPANY | $3K | $1K | $5K | 7.88% |
| STEVEN P GERAS3 | PO BOX 8293 LONG ISLAND CITY, NY 11101 | UNITEDHEALTHCARE INSURANCE COMPANY | $4K | — | $4K | 6.35% |
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 | 110 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 1 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 112 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | UNITEDHEALTHCARE INSURANCE COMPANY | 158 | $61K |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 158 | $61K |
| Stop-loss / reinsurancereinsurance | XCHANGE BENEFITS | 105 | $490K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 158 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.