| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| COSTELLO BENEFITS GROUP3 Filed as: COSTELLO BENEFITS GROUP INSURANCE | 800 WEST CUMMINGS PARK SUITE 6900 WOBURN, MA 01801 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | $76K | $16K | $92K | 5.77% |
| COSTELLO BENEFITS GROUP3 | 800 WEST CUMMINGS PARK WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $9K | — | $9K | 20.00% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP INSURANCE SERVICES INCORPORATED | 1250 CAPITAL OF TEXAS HIGHWAY SOUTH BUILDING 11 SUITE 600 AUSTIN, TX 78746 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $1K | $1K | 2.38% |
| COSTELLO BENEFITS GROUP3 | 800 WEST CUMMINGS PARK WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $8K | — | $8K | 20.00% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP INSURANCE SERVICES INCORPORATED | 1250 CAPITAL OF TEXAS HIGHWAY SOUTH BUILDING 11 SUITE 600 AUSTIN, TX 78746 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $1K | $1K | 2.43% |
| COSTELLO BENEFITS GROUP3 | 800 WEST CUMMINGS PARK WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $6K | — | $6K | 20.00% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP INSURANCE SERVICES INCORPORATED | 1250 CAPITAL OF TEXAS HIGHWAY SOUTH BUILDING 11 SUITE 600 AUSTIN, TX 78746 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $775 | $775 | 2.49% |
| COSTELLO BENEFITS GROUP3 Filed as: COSTELLO BENEFITS GROUP INSURANCE | 800 WEST CUMMINGS PARK SUITE 6 WOBURN, MA 018016372 | HUMANA INSURANCE COMPANY | $1K | — | $1K | 9.47% |
| COSTELLO BENEFITS GROUP3 | 800 WEST CUMMINGS PARK WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 20.00% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP INSURANCE SERVICES INCORPORATED | 1250 CAPITAL OF TEXAS HIGHWAY SOUTH BUILDING 11 SUITE 600 AUSTIN, TX 78746 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $117 | $117 | 1.28% |
| COSTELLO BENEFITS GROUP3 | 800 WEST CUMMINGS PARK WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $184 | — | $184 | 19.98% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP INSURANCE SERVICES INCORPORATED | 1250 CAPITAL OF TEXAS HIGHWAY SOUTH BUILDIN 11 SUITE 600 AUSTIN, TX 78746 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $6 | $6 | 0.65% |
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 | 154 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 1 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 158 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | 157 | $1.6M |
| Dental | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | 157 | $1.6M |
| Vision | HUMANA INSURANCE COMPANY | 103 | $12K |
| Life insurance(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 154 | $52K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 154 | $45K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 154 | $31K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | 157 | $1.6M |
| Other(3 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 154 | $52K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 157 | — |
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."
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.