| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PROFESSIONAL GROUP PLANS INC3 Filed as: NORTHEAST PROFESSIONAL PLANNING GRO | 121 MONMOUTH ST STE A RED BANK, NJ 07701 | UNITEDHEALTHCARE INSURANCE COMPANY | $82K | — | $82K | 5.09% |
| SAVOY ASSOCIATES3 Filed as: DONALD SAVOY INC NJ | 25B HANOVER RD STE 220 FLORHAM PARK, NJ 079321443 | UNITEDHEALTHCARE INSURANCE COMPANY | $17K | — | $17K | 1.08% |
| SAVOY ASSOCIATES3 Filed as: DONALD SAVOY INC | 25B HANOVER ROAD STE 220 FLORHAM PARK, NC 07932 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $17 | $4K | 3.68% |
| NPPG EMPLOYEE BENEFITS LLC3 | 494 SYCAMORE AVE STE 100 SHREWSBURGY, NJ 077024217 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 3.16% |
| NPPG EMPLOYEE BENEFITS LLC3 Filed as: NPPG EMPLOYEE BENEFITS | 494 SYCAMORE AVE SHREWSBURY, NJ 07702 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | $10K | — | $10K | 13.73% |
| DONALD C SAVOY INC3 | 25B HANOVER ROAD FLORHAM PARK, NJ 07932 | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | — | $5K | $5K | 6.49% |
| NPPG EMPLOYEE BENEFITS LLC3 | 494 SYCAMORE AVE SUITE 100 SHREWSBURY, NJ 07702 | DELTA DENTAL OF NEW JERSEY, INC. | $6K | — | $6K | 14937.84% |
| SAVOY ASSOCIATES3 Filed as: DONALD SAVOY INC | 25B HANOVER RD FLORHAM PARK, NJ 07932 | DELTA DENTAL OF NEW JERSEY, INC. | $2 | — | $2 | 5.41% |
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 | 151 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 156 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITEDHEALTHCARE INSURANCE COMPANY | 300 | $1.6M |
| Dental(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 500 | $107K |
| Life insurance | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 151 | $71K |
| Long-term disability | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 151 | $71K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 500 | — |
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.