| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY | PO BOX 12748 ROANOKE, VA 24028 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $9K | $5K | $14K | 3.94% |
| MARSH & MCLENNAN AGENCY LLC3 | 2300 RENAISSANCE BLVD KING OF PRUSSIA, PA 19406 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $2K | $2K | 0.52% |
| MARSH & MCLENNAN AGENCY LLC3 | PO BOX 12748 ROANOKE, VA 24028 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $8K | $1K | $10K | 10.32% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY | 2300 RENAISSANCE BLVD KING OF PRUSSIA, PA 19406 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $439 | $439 | 0.48% |
| MARSH & MCLENNAN AGENCY LLC3 | 101 HUNTINGTON AVE BOSTON, ME 02199 | EYEMED | $7K | $0 | $7K | 11.76% |
| MARSH & MCLENNAN AGENCY LLC3 | 101 HUNTINGTON AVE BOSTON, MA 02199 | EYEMED | $134 | $0 | $134 | 0.23% |
| EDGEWOOD PARTNERS INSURANCE CENTER3 | 1 STATE STREET PLAZA-9FL NEW YORK, NY 10004 | FEDERAL INSURANCE COMPANY | $261 | $0 | $261 | 1.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| DELTA DENTAL OF MASSACHUSETTS EIN 04-6143185 NONE | Claims processing Service code 12 | 465 MEDFORD ST #150 BOSTON, MA 02129 | $69K |
| KGA EIN 04-3526805 NONE | Claims processing Service code 12 | 144 TURNPIKE RD SUITE 140 SOUTHBOROUGH, MA 01772 | $35K |
| HEALTH EQUITY, INC. EIN 52-2383166 NONE | Claims processing Service code 12 | 15 W. SCENIC POINTE DRIVE SUITE 100 DRAPER, UT 84020 | $28K |
| LINCOLN NATIONAL LIFE INSURANCE EIN 35-0472300 NONE | Claims processing Service code 12 | 10 ST JAMES AVE BOSTON, MA 02116 | $11K |
| MARSH & MCLENNAN AGENCY, LLC EIN 26-3237576 NONE | Insurance brokerage commissions and fees Service code 53 | 101 HUNTINGTON AVENUE, SUITE 401 BOSTON, MA 02199 | $8K |
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 | 728 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 209 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 750 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision(2 contracts) | EYEMED | 964 | $117K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 868 | $356K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 868 | $92K |
| Other | FEDERAL INSURANCE COMPANY | 1,240 | $26K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,240 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.