Savoy Associates
Berkeley Heights, NJ
Savoy Associates of Berkeley Heights, NJ is the broker of record on 71 Form 5500 Schedule A filings covering 49 employer benefit plans across 11 states, with $1,396,859 in reported broker commissions (plan year 2025).
Quick answer
Savoy Associates (Berkeley Heights, NJ) is the broker of record for 49 employer benefit plan sponsors on 71 Form 5500 Schedule A filings, plan year 2025.
- How many employer clients does Savoy Associates have?
- Savoy Associates is named as broker on Form 5500 Schedule A filings for 49 distinct plan sponsors in 11 states.
- Who are Savoy Associates's largest employer clients?
- By plan participants, the largest include Subcom, LLC (1,513 participants), M2s Group Intermediate Holdings, Inc. (1,469 participants) and Maritime Industry Welfare Benefit Trust (974 participants).
- How much does Savoy Associates earn in commissions?
- Insurers reported $1.4 million in broker commissions and $561,775 in fees paid to Savoy Associates for plan year 2025, per Schedule A Part 1.
- Where is Savoy Associates located?
- Savoy Associates is based in Berkeley Heights, NJ and has employer clients in 11 states.
- How does Savoy Associates rank among benefits brokers in New Jersey?
- Savoy Associates ranks #19 by employer clients among the 50 most active benefits brokers based in New Jersey.
Source: Fundz verified event record.
Employer clients
Plan sponsors naming Savoy Associates on a Form 5500 Schedule A, largest first. Sponsor name, state, participant count and plan year end come directly from the filing.
| Employer | State | Participants | Plan year end |
|---|---|---|---|
| Subcom, LLC | NJ | 1,513 | 2024-12-31 |
| M2s Group Intermediate Holdings, Inc. | WI | 1,469 | 2025-12-31 |
| Maritime Industry Welfare Benefit Trust | AZ | 974 | 2025-12-31 |
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- Custom Benefit Programs Inc: 588 employer clients, $191,663,158 reported commissions (Hammonton)
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- Donald C Savoy Inc: 175 employer clients, $2,180,118 reported commissions (Berkeley Heights)
- Conner Strong & Buckelew: 170 employer clients, $10,661,667 reported commissions (Camden)
- James R Nelligan & Assoc LLC: 130 employer clients, $1,477,521 reported commissions (Wall)
Form 5500 Schedule A Part 1 (broker of record), 2024 to 2025 plan years. Source: U.S. Department of Labor EFAST2. Commission and fee figures are as reported by the plan's insurer on Schedule A Part 1 and are not adjusted.