| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EAST COAST BENEFIT PLANS, INC.3 Filed as: EAST COAST BENEFIT PLAN | 2 COMMERCIAL ST STE 101 SHARON, MA 02067 | MONY LIFE INSURANCE COMPANY OF AMERICA | $18K | $0 | $18K | 13.42% |
| INDIGO INSURANCE SERVICES3 | 446 MAIN STREET 5TH FLOOR WORCESTER, MA 01608 | MONY LIFE INSURANCE COMPANY OF AMERICA | $0 | $18K | $18K | 13.42% |
| DIGITAL INSURANCE LLC3 Filed as: DIGITAL INSURANCE INC | 200 GALLERIA PKWY SE STE 1950 ATLANTA, GA 30339 | MONY LIFE INSURANCE COMPANY OF AMERICA | $18K | $0 | $18K | 13.42% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE BENEFIT ADMINISTRATORS OF MASS EIN 13-1963496 TPA | Plan Administrator Service code 14 | PO BOX 55917 BOSTON, MA 02205 | $130K |
| EAST COAST BENEFIT PLAN BROKER | Consulting (general) Service code 16 | 2 COMMERCIAL ST STE 101 SHARON, MA 02067 | $31K |
| DIGITAL INSURANCE BROKER | Consulting (general) Service code 16 | 200 GALLERIA PARKWAY STE 1950 ATLANTA, GA 30339 | $30K |
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 | 252 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 252 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | MONY LIFE INSURANCE COMPANY OF AMERICA | 550 | $138K |
| Short-term disability | MONY LIFE INSURANCE COMPANY OF AMERICA | 550 | $138K |
| Long-term disability | MONY LIFE INSURANCE COMPANY OF AMERICA | 550 | $138K |
| Other | MONY LIFE INSURANCE COMPANY OF AMERICA | 550 | $138K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 550 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.