BenefitsLedger
Benefits broker · Plan year 2024 · Form 5500 Schedule A

Donald C Savoy Inc

Berkeley Heights, NJ

Donald C Savoy Inc collected $5.7M in commissions and fees from 150 employer health plans in plan year 2024 filings, ranking #90 among 12,126 brokers named in the public record. Most of its named clients are in New Jersey.

Commissions + fees
$5.7M
$2.0M commissions · $3.6M fees
Employer plans
150
270 contracts
Rank
#90
top 1% of 12,126 brokers
Median rate
n/a
fewer than 10 insured medical plans

Largest clients

Employers whose filings reported the most compensation to this broker.

EmployerPaid to brokerParticipants
LS Power Development, LLC · New Jersey$309,499407
Newtekone · New York$244,799534
Connectone Bank · New Jersey$209,568517
Kearny Bank · New Jersey$203,675650
Egon Zehnder International, Inc. · New York$172,757435
SK Americas, Inc. · New York$169,1681,474
Verition Fund Management LLC · Connecticut$160,473326
Kiss Nail Products, Inc. · New York$159,883431
SK Hynix America, Inc. · California$151,184600
Philadelphia Corporation for Aging · Pennsylvania$141,690631
Socotec, Inc · New York$129,483400
Richman Property Services Inc. · Connecticut$128,109675
Comhar, Inc. · Pennsylvania$126,242403
Somfy Systems, Inc. · New Jersey$118,067124
Eos Energy Storage, LLC · New Jersey$112,180400
Health & Wellness Partners, LLC · New Jersey$98,139201
Spectrum 360 · New Jersey$95,272303
Woori America Bank · New York$94,682271
Congreso de Latinos Unidos, Inc. · Pennsylvania$90,263177
W. P. Carey Management LLC · New York$86,439141
Greenman-Pedersen, Inc. · New York$84,3241,336
Creative Management Services, LLC · New Jersey$77,369250
Shinhan Bank America, Inc. · New York$76,800304
Qubicaamf Worldwide LLC · Virginia$76,522450
The Colony Group, LLC · Massachusetts$74,732348

Source: DOL Form 5500 Schedule A Part I, plan year 2024, grouped by broker name as filed. Dataset built October 24, 2026.

Where its clients are

Employer plans naming this broker, by employer state.

53 plans
46 plans
21 plans
4 plans
3 plans
2 plans

How much does Donald C Savoy Inc earn from employer health plans?

In plan year 2024 filings, employers reported paying Donald C Savoy Inc $5,654,111: $2,010,770 in commissions and $3,643,341 in fees, across 270 insurance contracts at 150 employers. That ranks #90 of 12,126 brokers in the public record.

What commission rate is paid on plans Donald C Savoy Inc brokers?

Not enough fully insured medical plans name Donald C Savoy Inc as the sole broker to compute a stable rate. The national median is 3.8% of premium.

Which employers use Donald C Savoy Inc?

The largest reported payers in 2024 were LS Power Development, LLC, Newtekone, Connectone Bank. New Jersey is its biggest state by employer count (53 plans).

Amounts are what employers reported on their own filings. They do not include compensation from carriers that is not tied to a specific contract, and names are grouped exactly as filed, so related entities can appear separately. How this record is built.

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