| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INNOVO BENEFITS GROUP Filed as: INNOVO BENEFITS GROUP, LLC. | — | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | $49K | — | $49K | 2.75% |
| INNOVO BENEFITS GROUP Filed as: INNOVO BENEFITS GROUP, LLC. | — | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | $4K | — | $4K | 4.20% |
| INNOVO BENEFITS GROUP Filed as: INNOVO BENEFITS GROUP, LLC | — | THE HARTFORD | $5K | — | $5K | 8.84% |
| INDIGO INSURANCE SERVICES | — | THE HARTFORD | — | $4K | $4K | 7.63% |
| ERIC BROGAN Filed as: ERIC P GULKO | — | THE HARTFORD | $1K | — | $1K | 2.54% |
| INNOVO BENEFITS GROUP Filed as: INNOVO BENEFITS GROUP, LLC. | — | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 9.96% |
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 | 209 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 209 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | 209 | $1.8M |
| Dental | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | 203 | $105K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 169 | $13K |
| Life insurance | THE HARTFORD | 117 | $52K |
| Long-term disability | THE HARTFORD | 117 | $52K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 209 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.