| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEMAX, INC.3 | 7 WEST MILL STREET PO BOX 950 MEDFIELD, MA 02052 | HPHC INSURANCE COMPANY | $25K | $0 | $25K | 1.92% |
| BENEMAX, INC.3 | PO BOX 950 MEDFIELD, MA 02052 | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. | $3K | $0 | $3K | 20.51% |
| BENEMAX, INC.3 Filed as: BENEMAX INC. | 7 WEST MILL STREET MEDFIELD, MA 02052 | CIGNA GROUP INSURANCE | $2K | $0 | $2K | 12.75% |
| BENEMAX, INC.3 Filed as: BENEMAX INC. | 7 WEST MILL STREET MEDFIELD, MA 02052 | CIGNA GROUP INSURANCE | $911 | $0 | $911 | 9.29% |
| DIGITAL INSURANCE LLC3 Filed as: DIGITAL INSURANCE, LLC | 7 WEST MILL STREET MEDFIELD, MA 02052 | GUARDIAN | $2K | $263 | $2K | 45.31% |
| BULFINCH GROUP INSURANCE AGENCY3 | 160 GOULD STREET SUITE 310 NEEDHAM, MA 02494 | GUARDIAN | $40 | $0 | $40 | 0.81% |
| BENEMAX, INC.3 | 7 WEST MILL STREET MEDFIELD, MA 02052 | CIGNA GROUP INSURANCE | $373 | $0 | $373 | 36.64% |
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 | 108 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 112 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HPHC INSURANCE COMPANY | 191 | $1.3M |
| Dental | GUARDIAN | 87 | $5K |
| Vision | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. | 167 | $15K |
| Life insurance | CIGNA GROUP INSURANCE | 102 | $10K |
| Long-term disability | CIGNA GROUP INSURANCE | 102 | $15K |
| Prescription drug | HPHC INSURANCE COMPANY | 191 | $1.3M |
| Other | CIGNA GROUP INSURANCE | 102 | $1K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 191 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.