| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PFG BENEFITS, INC.3 Filed as: PFG BENEFITS | 117 KENDRICK STREET SUITE 300 NEEDHAM, MA 02494 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $7K | — | $7K | 2.33% |
| TRUE NETWORK OF ADVISORS LLC0 | 501 OFFICE CENTER DR STE 215 FORT WASHINGTON, PA 19034 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $3K | $3K | 0.88% |
| PFG BENEFITS, INC.3 Filed as: PFG BENEFITS, INC | 117 KENDRICK STREET SUITE 300 NEEDHAM, MA 02494 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $4K | — | $4K | 1.62% |
| TRUE NETWORK OF ADVISORS LLC0 | 501 OFFICE CENTER DR STE 125 FORT WASHINGTON, PA 19034 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $2K | $2K | 0.88% |
| PFG BENEFITS, INC.3 | 117 KENDRICK STREET SUITE 300 NEEDHAM, MA 02494 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $4K | — | $4K | 2.05% |
| TRUE NETWORK OF ADVISORS LLC0 | 501 OFFICE CENTER DR STE 215 FORT WASHINGTON, PA 19034 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 0.93% |
| PATRIOT GROWTH INSURANCE SERVICES3 | 501 OFFICE CENTER DR STE 215 FORT WASHINGTON, PA 19034 | EYEMED | $7K | — | $7K | 6.93% |
| PFG BENEFITS, INC.3 | 117 KENDRICK STREET SUITE 300 NEEDHAM, MA 02494 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | — | $3K | 15.00% |
| TRUE NETWORK OF ADVISORS LLC0 | 501 OFFICE DENTER DR STE 215 FORT WASHINGTON, PA 19034 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $197 | $197 | 0.93% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE BENEFITS ADMINISTRATORS OF MA EIN 04-1045815 CONTRACT ADMINISTRATOR | Claims processing Service code 12 | PO BOX 55917 BOSTON, MA 02205 | $815K |
| PINNACLE HR SOLUTIONS EIN 47-2257650 INSURANCE AGENT | Custodial (securities) Service code 19 | 117 KENDRICK ST SUITE 300 NEEDHAM, MA 02494 | $304K |
| DENTAL SERVICE OF MASSACHUSETTS INC EIN 04-6143185 CONTRACT ADMINISTRATOR | Claims processing Service code 12 | 465 MEDFORD ST SUITE 400 BOSTON, MA 02129 | $171K |
| PFG BENEFITS, INC EIN 47-2257650 INSURANCE AGENT | Custodial (securities) Service code 19 | 117 KENDRICK ST SUITE 300 NEEDHAM, MA 02494 | $36K |
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 | 1,954 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 9 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,963 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | EYEMED | 1,232 | $105K |
| Life insurance(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 1,954 | $470K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 1,954 | $302K |
| Other(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 1,954 | $294K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,954 | — |
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.