| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUMMIT FINANCIAL INSURANCE AGENCY Filed as: SUMMIT FINANCIAL INS AGENCY INC | — | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | $27K | — | $27K | 35.48% |
| ERIC BROGAN Filed as: ERIC GULKO | — | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | $8K | — | $8K | 10.80% |
| SUMMIT FINANCIAL INSURANCE AGENCY Filed as: SUMMIT FINANCIAL INS AGENCY INC | — | HARTFORD LIFE AND ACCIDENT | $5K | — | $5K | 6.99% |
| INDIGO INSURANCE SERVICES Filed as: INDIGO INS SERVICES LLC | — | HARTFORD LIFE AND ACCIDENT | — | $4K | $4K | 5.00% |
| ERIC BROGAN Filed as: ERIC GULKO | — | HARTFORD LIFE AND ACCIDENT | $2K | — | $2K | 3.01% |
| SUMMIT FINANCIAL INSURANCE AGENCY Filed as: SUMMIT FINANCIAL INS AGENCY INC | — | VISION SERVICE PLAN | $191 | — | $191 | 6.06% |
| ERIC BROGAN Filed as: ERIC GULKO | — | VISION SERVICE PLAN | $124 | — | $124 | 3.94% |
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 | 0 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 108 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | 96 | $78K |
| Vision | VISION SERVICE PLAN | 20 | $3K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 108 | $76K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 108 | $76K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 108 | $76K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 108 | — |
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.