| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BFP ASSOCIATES INC3 Filed as: BFP ASSOCIATES, INC. | 110 ELM ST WEST SPRINGFIELD, MA 01089 | HEALTH NEW ENGLAND | $44K | $0 | $44K | 2.79% |
| BFP ASSOCIATES INC3 Filed as: BFP ASSOCIATES, INC. | 110 ELM ST WEST SPRINGFIELD, MA 01089 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | $5K | $12K | 6.63% |
| STEVEN BRADWAY3 Filed as: STEVEN F BRADWAY CFP CLU | 110 ELM ST WEST SPRINGFIELD, MA 01089 | PRINCIPAL LIFE INSURANCE COMPANY | $11K | $0 | $11K | 5.88% |
| BFP ASSOCIATES INC3 Filed as: BFP ASSOCIATES, INC. | 110 ELM ST WEST SPRINGFIELD, MA 01089 | ALTUS DENTAL INSURANCE COMPANY INC. | $7K | $0 | $7K | 4.17% |
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 | 385 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 385 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTH NEW ENGLAND | 169 | $1.6M |
| Dental | ALTUS DENTAL INSURANCE COMPANY INC. | 318 | $161K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 388 | $187K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 388 | $187K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 388 | $187K |
| Prescription drug | HEALTH NEW ENGLAND | 169 | $1.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 388 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.