| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: INSURANCE CENTER OF NEW ENGLAND | 1070 SUFFIELD STREET PO BOX 1230 AGAWAM, MA 010012931 | HEALTH NEW ENGLAND, INC. | $55K | $0 | $55K | 3.46% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: INSURANCE CENTER OF NEW ENGLAND | 1070 SUFFIELD STREET PO BOX 1230 AGAWAM, MA 010012931 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $0 | $3K | 7.69% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: INSURANCE CENTER OF NEW ENGLAND | 1070 SUFFIELD STREET PO BOX 1230 AGAWAM, MA 010012931 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | $0 | $1K | 11.26% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: INSURANCE CENTER OF NEW ENGLAND | 1070 SUFFIELD STREET PO BOX 1230 AGAWAM, MA 010012931 | THE GUARDIAN LIFE INSURANCE COMPANY | $2K | $0 | $2K | 22.50% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: INSURANCE CENTER OF NEW ENGLAND | 1070 SUFFIELD STREET PO BOX 1230 AGAWAM, MA 010016230 | VISION SERVICE PLAN | $649 | $0 | $649 | 6.14% |
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 | 133 | 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. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 133 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTH NEW ENGLAND, INC. | 127 | $1.6M |
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY | 133 | $11K |
| Vision | VISION SERVICE PLAN | 96 | $11K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 132 | $13K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 130 | $34K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 132 | $13K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 133 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.