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Sponsor portfolioWelfare / HealthEIN 22-2513437

SUMMIT ADVISOR SERVICES LLC

4 CAMPUS DRIVE · PARSIPPANY, NJ 07054
9732853600
Plans filed
1
Years active
2016–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$2.7M
No prior year
Persons covered
207
No prior year
Total participants
207
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$2.7M
SUMMIT MARKETING, INC. FLEXIBLE COMPENSATION PLAN
Fully insured207 covered·2 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$2.4M47.5%
Vision$2.4M47.5%
Dental$140K2.7%
Long-term disability$54K1.1%
Other$45K0.9%
Life$19K0.4%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
HDV
$2.6M96.3%12162
USABLE LIFE
EIN 710505232
LLTDOth
$99K3.7%13207

Broker overview

5 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
GCG FINANCIAL LLCBRANCHBURG, NJCIGNA HEALTH AND LIFE INSURANCE COMPANY$9K$145K$154K69.7%1
MARTIN INSURANCE GROUPCRANBURY, NJCIGNA HEALTH AND LIFE INSURANCE COMPANY$0$44K$44K19.8%1
DONALD C SAVOY INCFLORHAM PARK, NJCIGNA HEALTH AND LIFE INSURANCE COMPANY$0$12K$12K5.2%1
HORIZON INSURANCE COMPANYNEWARK, NJUSABLE LIFE$0$8K$8K3.4%1
FIRM BENEFITS, INC.MAHWAH, NJUSABLE LIFE$4K$0$4K1.9%1

History & trajectory

10 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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