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Form 5500 · Employee benefit plan · HAMILTON, NJ

LINEARIZER TECHNOLOGY INC

The filing calls this plan LINEARIZER TECHNOLOGY EMPLOYEE BENEFITS PLAN.

Public Form 5500 records show how LINEARIZER TECHNOLOGY INC of HAMILTON, NJ, a manufacturing employer, structures its employee benefits. Its broker of record is SAVOY ASSOCIATES. Coverage is written through HORIZON HEALTHCARE SERVICES, INC. and 3 other carriers. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2023

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 22-3148269 · plan 502 · plan year 2023, filed Jul 30, 2024

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How this plan is funded

Fully insured as reported

The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.

All participants at the start of the year
115
Active at start of year
114
Active at end of year
0
Disclosed commissions
$9,318
Typical renewal
January 1

Benefits declared on this filing

Healthinsured — HORIZON HEALTHCARE SERVICES, INC.77 of 115 participants (67%)
Dentalinsured — DELTA DENTAL OF NEW JERSEY, INC.90 of 115 participants (78%)
Visioninsured — VISION SERVICE PLAN82 of 115 participants (71%)
Lifeinsured — NEW YORK LIFE GROUP BENEFIT SOLUTIONS107 of 115 participants (93%)
Disabilityinsured — NEW YORK LIFE GROUP BENEFIT SOLUTIONS107 of 115 participants (93%)

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 6 insured contracts covering health, dental, vision, life and disability; the largest, with HORIZON HEALTHCARE SERVICES, INC., covers 77 people.

Reported premium across the insured contracts is $176,947, with $9,318 in disclosed broker commissions — about 5.3% of premium.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

SAVOY ASSOCIATES is the broker of record on 1 of the 6 contracts; the rest name a different broker or none.

4 carriers appear on the filing, including HORIZON HEALTHCARE SERVICES, INC., DELTA DENTAL OF NEW JERSEY, INC., NEW YORK LIFE GROUP BENEFIT SOLUTIONS and VISION SERVICE PLAN. HORIZON HEALTHCARE SERVICES, INC. writes the largest contract by premium.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
HORIZON HEALTHCARE SERVICES, INC.Health77Jan 1, 2024$157,498$7,639
DELTA DENTAL OF NEW JERSEY, INC.Dental90Jan 1, 2024$12,292$1,299
VISION SERVICE PLANVision82Jan 1, 2024$1,625$161
NEW YORK LIFE GROUP BENEFIT SOLUTIONSLife107Jan 1, 2024$3,232$126
NEW YORK LIFE GROUP BENEFIT SOLUTIONSDisability107Jan 1, 2024$2,008$81
NEW YORK LIFE GROUP BENEFIT SOLUTIONS—107Jan 1, 2024$292$12

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
LINEARIZER TECHNOLOGY INC
EIN 22-3148269

The plan administrator is from line 3a of the main form. We publish company names only.

Other plans filed by this employer

How this plan compares

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