| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PATRIOT GROWTH INSURANCE SERVICES3 Filed as: PATRIOT BENEFIT SOLUTIONS INS AGCY | 17 COBBLESTONE CIRCLE NORTH ANDOVER, MA 01845 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $53K | — | $53K | 13.41% |
| PATRIOT BENEFIT SOLUTIONS3 Filed as: PATRIOT BENEFIT SOLUTIONS INSURANCE | 17 COBBLESTONE CIRCLE NORTH ANDOVER, MA 01845 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $72 | $4K | 5.11% |
| INDIGO INSURANCE SERVICES3 | 101 HUNTINGTON AVENUE BOSTON, MA 02199 | USABLE LIFE | $17K | — | $17K | 25.00% |
| PATRIOT GROWTH INSURANCE SERVICES3 Filed as: PATRIOT BENEFIT SOLUTIONS INS AGCY | 17 COBBLESTONE CIR NORTH ANDOVER, MA 01845 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $5K | — | $5K | 15.00% |
| PATRIOT BENEFIT SOLUTIONS3 Filed as: PATRIOT BENEFIT SOLUTIONS INSURANCE | 17 COBBLESTONE CIRCLE NORTH ANDOVER, ME 01845 | VISION SERVICE PLAN | $889 | — | $889 | 6.40% |
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 | 137 | 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) | 137 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 205 | $84K |
| Vision | VISION SERVICE PLAN | 74 | $14K |
| Life insurance | USABLE LIFE | 137 | $69K |
| Short-term disability | USABLE LIFE | 137 | $69K |
| Long-term disability | USABLE LIFE | 137 | $69K |
| Stop-loss / reinsurancereinsurance | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 84 | $395K |
| Other(4 contracts, 4 carriers) | USABLE LIFE | 137 | $106K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 205 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.