| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALEXANDER W. BORAWSKI, INC.3 Filed as: ALEXANDER W. BORAWSKI INC. | 88 KING STREET STE B NORTHAMPTON, MA 01060 | MONY LIFE INSURANCE COMPANY OF AMERICA | $2K | $0 | $2K | 10.45% |
| INDIGO INSURANCE SVC3 Filed as: INDIGO INSURANCE SERVICE | 446 MAIN STREET, 5TH FLOOR WORCESTER, MA 01608 | MONY LIFE INSURANCE COMPANY OF AMERICA | $0 | $1K | $1K | 7.00% |
| THE GAUDREAU GROUP INC INS AGENCY3 Filed as: GAUDREAU GROUP INC INS AGENCY | P.O. BOX 369 WILBRAHAM, MA 01095 | MONY LIFE INSURANCE COMPANY OF AMERICA | $533 | $0 | $533 | 3.48% |
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 | 124 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 124 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | MONY LIFE INSURANCE COMPANY OF AMERICA | 124 | $15K |
| Long-term disability | MONY LIFE INSURANCE COMPANY OF AMERICA | 124 | $15K |
| Other | MONY LIFE INSURANCE COMPANY OF AMERICA | 124 | $15K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 124 | — |
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.
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.