| 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. | $57K | $0 | $57K | 3.03% |
| 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 | 6.91% |
| 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 | $2K | $0 | $2K | 10.90% |
| NEW ENGLAND EMPLOYEE BENEFITS CO3 Filed as: INSURANCE CENTER OF NEW ENGLAND INC | 1070 SUFFIELD STREET PO BOX 1230 AGAWAM, MA 010016230 | VISION SERVICE PLAN | $808 | $0 | $808 | 6.95% |
| 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 OF AMERICA | $2K | $168 | $3K | 24.05% |
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 | 142 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 142 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTH NEW ENGLAND, INC. | 106 | $1.9M |
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 136 | $11K |
| Vision | VISION SERVICE PLAN | 91 | $12K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 142 | $14K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 141 | $39K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 142 | $14K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 142 | — |
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."
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.