| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PLAN MARKETING INSURANCE AGENCY INC3 | 400 GAY STREET MANCHESTER, NH 03108 | SYMETRA LIFE INSURANCE COMPANY | $96K | $44K | $140K | 16.07% |
| IPG EMPLOYEE BENEFITS3 | 85 WASHINGTON STREET KEENE, NH 03431 | SYMETRA LIFE INSURANCE COMPANY | — | $20K | $20K | 2.31% |
| HEALTH PLANS, INC.3 Filed as: HEALTH PLANS INC | 1500 WEST PARK DRIVE SUITE 330 WESTBOROUGH, MA 01581 | SYMETRA LIFE INSURANCE COMPANY | — | $3K | $3K | 0.34% |
| INSURANCE PLANNING GROUP3 | 85 WASHINGTON STREET KEENE, NH 03431 | UNION SECURITY INSURANCE COMPANY | $6K | — | $6K | 10.00% |
| INSURANCE PLANNING GROUP3 | 85 WASHINGTON STREET KEENE, NH 03431 | UNION SECURITY INSURANCE COMPANY | $3K | — | $3K | 15.56% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTH PLANS INC EIN 04-2734278 THIRD PARTY ADMIN | Other services; Claims processing Service code 12 | — | $268K |
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 | 492 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 492 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | UNION SECURITY INSURANCE COMPANY | 492 | $57K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 37 | $19K |
| Stop-loss / reinsurancereinsurance | SYMETRA LIFE INSURANCE COMPANY | 432 | $871K |
| Other | UNION SECURITY INSURANCE COMPANY | 492 | $57K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 492 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.