| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GROUP INSURANCE SOLUTIONS, INC.3 Filed as: GROUP INSURANCE SOLUTIONS INC. | DBA SULLIVAN BENEFITS 33 BOSTON POST ROAD WEST, SUITE 120 MARLBOROUGH, MA 01752 | SUN LIFE ASSURANCE COMPANY OF CANADA | $108K | $24K | $132K | 11.99% |
| UNITED BENEFIT ADVISORS LLC3 | — | SUN LIFE ASSURANCE COMPANY OF CANADA | — | $603 | $603 | 0.05% |
| GROUP INSURANCE SOLUTIONS, INC. | 33 BOSTON POST ROAD WEST SUITE 120 MARLBOROUGH, MA 01752 | EYEMED | $2K | — | $2K | 6.49% |
| GOODHILE GARY3 | — | SUN LIFE AND HEALTH INSURANCE COMPANY (US) | $1K | — | $1K | 9.77% |
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 | 2,201 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 32 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 2,233 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | EYEMED | 1,555 | $25K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 2,201 | $1.1M |
| Short-term disability(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 2,201 | $1.1M |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 2,201 | $1.1M |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 2,201 | $1.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,201 | — |
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.