| 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. | $88K | $223 | $88K | 5.44% |
| COSTELLO BENEFITS GROUP3 Filed as: COSTELLO BENEFITS GROUP INSURANCE B | 800 WEST CUMMINGS PARK SUITE 4000 WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $9K | $1K | $10K | 22.93% |
| 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 | — | $557 | $557 | 1.22% |
| COSTELLO BENEFITS GROUP3 Filed as: COSTELLO BENEFITS GROUP INSURANCE B | 800 WEST CUMMINGS PARK SUITE 4000 WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $9K | $1K | $10K | 22.96% |
| 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 | — | $530 | $530 | 1.23% |
| COSTELLO BENEFITS GROUP3 Filed as: COSTELLO BENEFITS GROUP INSURANCE B | 800 WEST CUMMINGS PARK SUITE 4000 WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $6K | $933 | $7K | 23.00% |
| 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 | — | $389 | $389 | 1.25% |
| COSTELLO BENEFITS GROUP3 Filed as: COSTELLO BENEFITS GROUP INSURANCE | 800 WEST CUMMINGS PARK SUITE 6 WOBURN, MA 018016372 | HUMANA INSURANCE COMPANY | $1K | — | $1K | 8.63% |
| COSTELLO BENEFITS GROUP3 | 800 WEST CUMMINGS PARK SUITE 4000 WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $275 | $3K | 22.13% |
| 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 | — | $114 | $114 | 0.88% |
| COSTELLO BENEFITS GROUP3 Filed as: COSTELLO BENEFITS GROUP INSURANCE B | 800 WEST CUMMINGS PARK SUITE 4000 WOBURN, MA 01801 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $285 | $28 | $313 | 21.98% |
| 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 | — | $12 | $12 | 0.84% |
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 | 149 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 152 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | 156 | $1.6M |
| Dental | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | 156 | $1.6M |
| Vision | HUMANA INSURANCE COMPANY | 102 | $14K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 153 | $43K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 153 | $46K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 153 | $31K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | 156 | $1.6M |
| Other(3 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 153 | $57K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 156 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.