| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VARNEY & COMPANY BENEFITS ADVISORS3 Filed as: VARNEY & CO BENEFITS ADVISORS | 32 OAK STREET BANGOR, ME 04401 | HPHC INSURANCE COMPANY | $22K | — | $22K | 3.83% |
| VARNEY & COMPANY BENEFITS ADVISORS3 Filed as: VARNEY & CO BENEFITS ADVISORS | 32 OAK STREET BANGOR, ME 04401 | HARVARD PILGRIM HEALTH CARE | $6K | — | $6K | 3.88% |
| VARNEY & COMPANY BENEFITS ADVISORS3 Filed as: VARNEY & COMPANY | 383 US ROUTE 1 SUITE 1E BOX 5 SCARBOROUGH, ME 04074 | GUARDIAN | $15K | — | $15K | 11.06% |
| HPHC INSURANCE AGENCY, INC.3 | 93 WORCESTER STREET WELLESLEY HILLS, MA 02481 | GUARDIAN | $8K | — | $8K | 6.00% |
| VARNEY & COMPANY BENEFITS ADVISORS3 Filed as: VARNEY & CO BENEFITS ADVISORS | 32 OAK STREET BANGOR, ME 04401 | DELTA DENTAL PLAN OF MAINE | $4K | — | $4K | 4.98% |
| COMBINED SERVICES LLC3 Filed as: COMBINED SERVICES LLC DBA CSONE BEN | PO BOX 1320 CONCORD, NH 03302 | DELTA DENTAL PLAN OF MAINE | $788 | — | $788 | 0.92% |
| VARNEY & COMPANY BENEFITS ADVISORS3 Filed as: VARNEY & CO BENEFITS ADVISORS | 32 OAK STREET BANGOR, ME 04401 | HPHC INSURANCE COMPANY | $3K | — | $3K | 3.83% |
| VARNEY & COMPANY BENEFITS ADVISORS3 Filed as: VARNEY & CO BENEFITS ADVISORS | 32 OAK STREET BANGOR, ME 04401 | RED TREE INSURANCE COMPANY, INC | $1K | — | $1K | 9.97% |
| COMBINED SERVICES LLC3 Filed as: COMBINED SERVICES LLC DBA CSONE BEN | PO BOX 1320 CONCORD, NH 03302 | RED TREE INSURANCE COMPANY, INC | $215 | — | $215 | 1.50% |
No Schedule C service providers reported on this filing.
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 139 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 141 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 2 carriers) | HPHC INSURANCE COMPANY | 134 | $800K |
| Dental | DELTA DENTAL PLAN OF MAINE | 187 | $86K |
| Vision | RED TREE INSURANCE COMPANY, INC | 151 | $14K |
| Life insurance | GUARDIAN | 139 | $132K |
| Short-term disability | GUARDIAN | 139 | $132K |
| Long-term disability | GUARDIAN | 139 | $132K |
| Other | GUARDIAN | 139 | $132K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 187 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.