Plan Ledger DOL Form 5500 · updated monthly

Savoy Associatesbenefits

Savoy Associates Health and Welfare Benefit Plan · BERKELEY HEIGHTS, NJ · plan year 2024

Broker compensation reported · 2024
$80,979

Savoy Associates's benefits plans covered 122 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $80,979 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $664 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 66% from $235,092 in 2023.

Insurance contracts · 202426
ARCH INSURANCE COMPANYpremiums n/a · 127 covered
HORIZON HEALTHCARE SERVICES, INC. · healthpremiums n/a · 86 covered
HORIZON HEALTHCARE SERVICES, INC. · drugpremiums n/a · 50 covered
HORIZON HEALTHCARE DENTAL, INC. · dentalpremiums n/a · 4 covered
HORIZON HEALTHCARE SERVICES, INC. · dentalpremiums n/a · 92 covered
HORIZON INSURANCE COMPANY · visionpremiums n/a · 73 covered
USABLE LIFE · lifepremiums n/a · 119 covered
USABLE LIFE · ltdpremiums n/a · 119 covered
USABLE LIFEpremiums n/a · 83 covered
USABLE LIFEpremiums n/a · 101 covered
USABLE LIFEpremiums n/a · 66 covered
ARCH INSURANCE COMPANYpremiums n/a · 127 covered
HORIZON HEALTHCARE SERVICES, INC. · healthpremiums n/a · 84 covered
HORIZON HEALTHCARE SERVICES, INC. · drugpremiums n/a · 48 covered
HORIZON HEALTHCARE DENTAL, INC. · dentalpremiums n/a · 6 covered
HORIZON HEALTHCARE SERVICES, INC. · dentalpremiums n/a · 88 covered
HORIZON INSURANCE COMPANY · visionpremiums n/a · 75 covered
USABLE LIFE · lifepremiums n/a · 96 covered
USABLE LIFE · ltdpremiums n/a · 118 covered
USABLE LIFEpremiums n/a · 84 covered
USABLE LIFE · lifepremiums n/a · 119 covered
USABLE LIFEpremiums n/a · 67 covered
Brokers & agents paid · 202411
SAVOY ASSOCIATES$58,177 · incl $14,423 fees
HORIZON INSURANCE COMPANY$6,713 · incl $6,713 fees
HARMONY BENEFITS LLC$140 · incl $1 fees
INTEGRITY INSURANCE INC$94
DONALD C SAVOY ASSOCIATES$86
SOTERIA PARTNERS LLC$34 · incl $1 fees
NATIONAL ENROLLMENT PARTNERS$5
2 individual agents · names withheld$548

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Savoy Associates5
Manasquan Bank NJ$87,112
Subcom, LLC NJ$80,744

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221930954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.