| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT REPORTS INS. SERVICES, INC.3 | 554 WASHINGTON STREET WELLESLEY, MA 02482 | METROPOLITAN LIFE INSURANCE COMPANY | $15K | — | $15K | 3.46% |
| PLAN MARKETING INSURANCE AGENCY INC3 Filed as: PLAN MARKETING INS. AGENCY, INC. | 1500 WEST PARK DRIVE SUITE 330 WESTBOROUGH, MA 01581 | TOKIO MARINE HCC - STOP LOSS GROUP | $62K | $2K | $64K | 15.42% |
| BENEFIT REPORTS INS. SERVICES, INC.3 | 554 WASHINGTON STREET WELLESLEY, MA 02482 | VISION SERVICE PLAN | $2K | — | $2K | 2.78% |
| BENEFIT REPORTS INS. SERVICES, INC.3 | 554 WASHINGTON STREET WELLESLEY, MA 02482 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | — | $7K | 7.74% |
| AGIS NETWORK INC3 Filed as: AGIS NETWORK, INC. | 2122 KRATKY ROAD ST. LOUIS, MO 63114 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | — | $7K | 7.74% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | 1166 AVENUE OF THE AMERICAS 42ND FLOOR NEW YORK, NY 10036 | HARTFORD LIFE AND ACCIDENT INSURANCE | $4K | — | $4K | 25.00% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HUMAN RESOURCE | CONSULTING INC. 4565 PAYSPHERE CIRCLE CHICAGO, IL 60674 | HARTFORD LIFE AND ACCIDENT INSURANCE | — | $221 | $221 | 1.50% |
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 | 164 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 166 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | TOKIO MARINE HCC - STOP LOSS GROUP | 164 | $415K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 376 | $420K |
| Vision | VISION SERVICE PLAN | 162 | $86K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 376 | $420K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 376 | $420K |
| Stop-loss / reinsurancereinsurance | TOKIO MARINE HCC - STOP LOSS GROUP | 164 | $415K |
| Other(3 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 376 | $519K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 376 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.