| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY, LLC | 101 HUNTINGTON AVENUE SUITE 401 BOSTON, MA 02199 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | $9K | $4K | $13K | 3.88% |
| MARSH & MCLENNAN AGENCY LLC3 | 101 HUNTINGTON AVENUE SUITE 401 BOSTON, MA 02199 | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | $8K | $985 | $9K | 11.25% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY, LLC | 101 HUNTINGTON AVENUE SUITE 401 BOSTON, MA 02199 | EYEMED VISION PLAN | $5K | — | $5K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| DELTA DENTAL OF MASSACHUSETTS EIN 04-6143185 NONE | Claims processing Service code 12 | — | $63K |
| NEW DIRECTIONS BEHAVIORAL HEALTH EIN 43-1698690 NONE | Claims processing Service code 12 | — | $19K |
| MARSH & MCLENNAN AGENCY, LLC EIN 26-3237576 NONE | Insurance brokerage commissions and fees Service code 53 | — | $11K |
| LIBERTY LIFE ASSURANCE CO OF BOSTON EIN 04-6076039 NONE | Claims processing Service code 12 | — | $9K |
| HEALTH EQUITY, INC. EIN 52-2383166 NONE | Claims processing Service code 12 | — | $902 |
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 | 1,043 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 10 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,053 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | EYEMED VISION PLAN | 884 | $52K |
| Life insurance | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 773 | $338K |
| Long-term disability | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 773 | $79K |
| Other(2 contracts, 2 carriers) | LINCOLN LIFE ASSURANCE COMPANY OF BOSTON | 1,043 | $338K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,043 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.