| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARK J. MARKELL3 Filed as: MARK J MARKELL | 217 GARDEN STREET NEEDHAM, MA 02492 | GUARDIAN LIFE INSURANCE CO | $62K | — | $62K | 3.23% |
| DOUGLAS S HALL3 | 118 GREENACRE ROAD WESTWOOD, MA 02050 | GUARDIAN LIFE INSURANCE CO | $62K | — | $62K | 3.23% |
| MARK J. MARKELL3 Filed as: MARK J MARKELL | 217 GARDEN STREET NEEDHAM, MA 02492 | GUARDIAN | $58K | — | $58K | 3.75% |
| DOUGLAS S HALL3 | 118 GREENACRE ROAD WESTWOOD, MA 02050 | GUARDIAN | $58K | — | $58K | 3.75% |
| BP BENEFITS, LLC3 | 160 GOULD STREET SUITE 310 NEEDHAM HEIGHTS, MA 02494 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS INC (MEDEX) | $5K | — | $5K | 4.38% |
| WILLIS TOWERS WATSON US LLC Filed as: WILLIS OF NEW YORK | ONE WORLD FINANCIAL CENTER 200 LIBERTY STREET NEW YORK, NY 10281 | ACE AMERICAN INSURANCE COMPANY | $0 | $0 | $0 | — |
| BP BENEFITS, LLC3 Filed as: BP BENEFITS LLC | 160 GOULD STREET SUITE 310 BOSTON, MA 02494 | DELTA DENTAL OF MASSACHUSETTS | $18K | — | $18K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MA EIN 04-1045815 NONE | Claims processing Service code 12 | 101 HUNTINGTON AVENUE SUITE 1300 BOSTON, MA 02494 | $503K |
| BP BENEFITS LLC BROKER | Insurance agents and brokers Service code 22 | 160 GOULD STREET SUITE 310 NEEDHAM HEIGHTS, MA 02494 | $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 | 845 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 16 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 861 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS INC (MEDEX) | 16 | $111K |
| Dental | DELTA DENTAL OF MASSACHUSETTS | 1,375 | $0 |
| Life insurance | GUARDIAN LIFE INSURANCE CO | 489 | $1.9M |
| Long-term disability | GUARDIAN LIFE INSURANCE CO | 489 | $1.9M |
| Stop-loss / reinsurancereinsurance | GUARDIAN | 841 | $1.5M |
| Other(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE CO | 1,000 | $1.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,375 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.