| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF FLORIDA5 Filed as: BLUE BENEFIT ADMINISTRATORS OF MA | P.O. BOX 55917 BOSTON, MA 02205 | MUNICH RE | — | $110K | $110K | 30.55% |
| BENEFIT REPORTS INS. SERVICES, INC.3 Filed as: BENEFIT REPORTS INSURANCE | 554 WASHINGTON STREET WELLESLEY, MA 02482 | MUNICH RE | — | $52K | $52K | 14.39% |
| BENEFIT REPORTS INS. SERVICES, INC.3 Filed as: BENEFIT REPORTS INS. SERV., INC. | 554 WASHINGTON STREET WELLESLEY, MA 02482 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $8K | — | $8K | 3.30% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE BENEFIT ADMINISTRATORS OF MASS CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | P.O. BOX 55917 BOSTON, MA 022055917 | $9K |
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 | 179 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 13 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 192 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | MUNICH RE | 179 | $361K |
| Dental | MUNICH RE | 179 | $361K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 171 | $230K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 171 | $230K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 171 | $230K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 179 | — |
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.