| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HP PLANNING LLC3 Filed as: HP PLANNING, LLC | 535 CONNECTICUT AVE STE 401 NORWALK, CT 06854 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC | $183K | — | $183K | 0.61% |
| CHANDOR INSURANCE AGENCY LLC3 | 177 MILK STREET SUITE 310 BOSTON, MA 02109 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC | — | — | $0 | 0.00% |
| GCG FINANCIAL LLC3 Filed as: BOSTON BENEFIT PARTNERS | 177 MILK STREET SUITE 310 BOSTON, MA 02109 | ALTUS DENTAL INSURANCE COMPANY, INC. | $12K | — | $12K | — |
| CHANDOR INSURANCE AGENCY LLC3 | 177 MILK STREET SUITE 310 BOSTON, MA 02109 | ALTUS DENTAL INSURANCE COMPANY, INC. | — | — | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| SEI EIN 23-1707341 NONE | Investment management fees paid directly by plan; Custodial (securities) Service code 19 | — | $69K |
| EMPLOYEE F EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $61K |
| ROBERT CHEVERIE EIN 06-1335139 NONE | Legal; Direct payment from the plan Service code 29 | — | $58K |
| EMPLOYEE B EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $55K |
| ABACUS MANAGEMENT EIN 05-0495055 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $55K |
| MODERN ASSISTANCE EIN 04-3014253 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $52K |
| MANZI & ASSOCIATES EIN 04-3508036 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $51K |
| EMPLOYEE C EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $29K |
| EMPLOYEE A EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $28K |
| BOSTON BENEFIT PARTNERS EIN 04-3422351 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $25K |
| ISSI EIN 23-2182079 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 15 | — | $17K |
| EMPLOYEE G EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $15K |
| EMPLOYEE D EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $13K |
| CBIZ SAVITZ EIN 31-1582098 NONE | Consulting fees; Consulting (general); Actuarial; Direct payment from the plan Service code 11 | — | $9K |
| DAVIS VISION NONE | Direct payment from the plan; Claims processing Service code 12 | — | $8K |
| EMPLOYEE E EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $6K |
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 | 1,623 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 559 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 2,182 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | ALTUS DENTAL INSURANCE COMPANY, INC. | 3,659 | $0 |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,695 | $161K |
| Prescription drug | EXPRESS SCRIPTS, INC. | 390 | $771K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,695 | $161K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,659 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.