| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EASTERN BENEFITS GROUP3 | — | HCC LIFE INSURANCE COMPANY | $45K | — | $45K | 10.93% |
| WAYNE SLATTERY3 | 149 WATER STREET EXETER, NH 038332456 | METROPOLITAN LIFE INSURANCE COMPANY | $10K | — | $10K | 2.87% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: METLIFE FINANCIAL METLIFE SECURITIE | 1095 AVENUE OF THE AMERICAS NEW YORK, NY 100366797 | METROPOLITAN LIFE INSURANCE COMPANY | — | $6K | $6K | 1.78% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: NEW ENGLAND FINANCIAL/NEW ENGLAND S | 1095 AVENUE OF THE AMERICAS NEW YORK, NY 10036 | METROPOLITAN LIFE INSURANCE COMPANY | — | $3K | $3K | 0.96% |
| JUSTIN SLATTERY3 | 501 BOYLSTON STREET SUITE 300 BOSTON MA, MA 021163725 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 0.53% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PLAN MARKETING INSURANCE AGENCY INC INSURANCE CARRIER | Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing Service code 12 | 1500 WEST PARK DRIVE SUITE 330 WESTBOROUGH, MA 01581 | $0 |
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 | 427 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 427 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HCC LIFE INSURANCE COMPANY | 193 | $411K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 427 | $348K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 427 | $348K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 427 | $348K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 427 | $348K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 427 | $348K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 193 | $411K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 427 | $348K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 427 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.