| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF NEW ENGLAND LLC | 2000 CHAPEL VIEW BLVD., STE. 240 CRANSTON, RI 02920 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | $37K | — | $37K | 13.86% |
| MFM ADVISORS LLC DBA BLUE HORIZON B3 | 27 GARDEN STREET SUITE 1A DANVERS, MA 01923 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | $7K | — | $7K | 2.63% |
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF NEW ENGLAND LLC | 2000 CHAPEL VIEW BLVD., STE. 240 CRANSTON, RI 02920 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $763 | $4K | 6.21% |
| MFM ADVISORS LLC DBA BLUE HORIZON B3 | 27 GARDEN STREET SUITE 1A DANVERS, MA 01923 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 4.14% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: THE HILD GROUP OF NEW ENGLAND LLC | 2000 CHAPEL VIEW BLVD., STE. 240 CRANSTON, RI 02920 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | $616 | $3K | 5.67% |
| MFM ADVISORS LLC DBA BLUE HORIZON B3 | 27 GARDEN STREET SUITE 1A DANVERS, MA 01923 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $1K | — | $1K | 2.82% |
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF NEW ENGLAND LLC | 2000 CHAPEL VIEW BLVD., STE. 240 CRANSTON, RI 02920 | EYEMED VISION CARE | $2K | — | $2K | 8.20% |
| MFM ADVISORS LLC DBA BLUE HORIZON B3 | 27 GARDEN STREET SUITE 1A DANVERS, MA 01923 | EYEMED VISION CARE | $544 | — | $544 | 2.53% |
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 | 163 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 163 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | 163 | $265K |
| Vision | EYEMED VISION CARE | 320 | $22K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 338 | $46K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 339 | $57K |
| Other | RELIANCE STANDARD LIFE INSURANCE COMPANY | 338 | $46K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 339 | — |
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.