| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PFG BENEFITS, INC.3 Filed as: PFG BENEFITS INC. | 117 KENDRICK ST STE 3000 NEEDHAM, MA 02494 | DELTA DENTAL SERVICE OF MASSACHUSETTS, INC DBA DELTA DENTAL | $5K | — | $5K | 3.42% |
| PFG BENEFITS, INC.3 | 117 KENDRICK STREET SUITE 300 NEEDHAM, MA 02494 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $10K | — | $10K | 10.00% |
| GCG FINANCIAL LLC3 Filed as: DBL GENERAL AGENCY | 155 PINELAWN ROAD SUITE 120 SOUTH MELVILLE, NY 11747 | RELIANCE STANDARD LIFE INSURANCE CO | $4K | — | $4K | 5.00% |
| LEISMAN INSURANCE AGENCY INC3 | 800 SOUTH ST PO BOX 9020 WALTHAM, MA 02254 | RELIANCE STANDARD LIFE INSURANCE CO | $2K | — | $2K | 2.26% |
| LEISMAN INSURANCE AGENCY INC3 | 800 SOUTH ST SUITE 650 WALTHAM, MA 02453 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $12K | — | $12K | 20.00% |
| PFG BENEFITS INCE3 | 117 KENDRICK ST STE 300 NEEDHAM, MA 02494 | METROPOLITAN LIFE INSURANCE COMPANY | $197 | — | $197 | — |
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 | 158 | 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) | 161 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | DELTA DENTAL SERVICE OF MASSACHUSETTS, INC DBA DELTA DENTAL | 226 | $147K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE CO | 158 | $76K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 159 | $95K |
| Other(3 contracts, 3 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 159 | $233K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 226 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.