| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CHRISTOPHER SZEM3 Filed as: CHRISTOPHER B. SZEM | 188 EAST BERGEN PLACE, SUITE 201 RED BANK, NJ 07701 | HARTFORD LIFE AND ACCIDENT | $7K | $0 | $7K | 7.45% |
| USI INSURANCE SERVICES LLC3 | 7414 HODGSON MEMORIAL DRIVE SAVANNAH, GA 31406 | HARTFORD LIFE AND ACCIDENT | $2K | $96 | $2K | 2.65% |
| JAMES R NELLIGAN & ASSOCIATES LLC3 Filed as: JAMES R. NELLIGAN & ASS., LLC | 1933 STATE ROUTE 35 WALL TOWNSHIP, NJ 07719 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $6K | $6K | 7.11% |
| CHRISTOPHER BRIAN SZEM3 | 188 EAST BERGEN PLACE RED BANK, NJ 07701 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | $0 | $3K | 4.16% |
| USI INSURANCE SERVICES LLC3 | 6100 FAIRVIEW ROAD, SUITE 1400 CHARLOTTE, NC 28210 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | $0 | $1K | 1.26% |
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 | 171 | 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) | 171 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 228 | $83K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 228 | $83K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 171 | $92K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 171 | $92K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 171 | $92K |
| Other | HARTFORD LIFE AND ACCIDENT | 171 | $92K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 228 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.