| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BP BENEFITS, LLC3 Filed as: BP BENEFITS LLC | 160 GOULD ST STE 310 NEEDHAM, MA 02494 | SUN LIFE ASSURANCE COMPANY OF CANADA | $67K | — | $67K | 2.87% |
| SPRING INSURANCE GROUP LLC3 Filed as: SPRING INSURANCE GROUP | 30 FEDERAL STREET 4TH FL BOSTON, MA 02110 | SUN LIFE ASSURANCE COMPANY OF CANADA | $34K | — | $34K | 1.47% |
| SPRING INSURANCE GROUP LLC3 Filed as: SPRING INSURANCE GROUP | 30 FEDERAL STREET 4TH FL BOSTON, MA 02110 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $68K | — | $68K | 3.34% |
| MARK J. MARKELL3 Filed as: MARK J MARKELL | 217 GARDEN STREET NEEDHAM, MA 02492 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $33K | — | $33K | 1.61% |
| DOUGLAS S HALL3 | 118 GREENACRE ROAD WESTWOOD, MA 02050 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $32K | — | $32K | 1.59% |
| MICHAEL J. MURRAY3 Filed as: MICHAEL J MURRAY | 329 PARK STREET BOSTON, MA 02132 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | -$220 | — | -$220 | -0.01% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS TOWERS WATSON NORTHEAST INC | 200 LIBERTY ST NEW YORK, NY 10281 | ACE AMERICAN INSURANCE COMPANY | $23K | — | $23K | 25.00% |
| BP BENEFITS, LLC3 Filed as: BP BENEFITS LLC | 160 GOULD ST STE 310 NEEDHAM, MA 02494 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. (MEDEX) | $2K | $207 | $2K | 4.18% |
| HP PLANNING LLC3 | 535 CONNECTICUT AVE STE 502 NORWALK, CT 06854 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. (MEDEX) | $689 | — | $689 | 1.25% |
| SPRING INSURANCE GROUP LLC3 | 30 FEDERAL ST 4TH FL BOSTON, MA 02110 | DENTAL SERVICE OF MASSACHUSETTS, INC DBA DELTA DENTAL | $15K | — | $15K | — |
| BP BENEFITS, LLC3 Filed as: BP BENEFITS LLC | 160 GOULD ST STE 310 NEEDHAM HEIGHTS, MA 02494 | DENTAL SERVICE OF MASSACHUSETTS, INC DBA DELTA DENTAL | $12K | — | $12K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MA EIN 04-1045815 NONE | Claims processing Service code 12 | — | $514K |
| BP BENEFITS LLC BROKER | Insurance agents and brokers Service code 22 | 160 GOULD STREET SUITE 310 NEEDHAM, MA 02494 | $6K |
| HP PLANNING LLC BROKER | Insurance agents and brokers Service code 22 | 535 CONNECTICUT AVE STE 502 NORWALK, CT 06854 | $5K |
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 | 905 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 8 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 913 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. (MEDEX) | 8 | $55K |
| Dental | DENTAL SERVICE OF MASSACHUSETTS, INC DBA DELTA DENTAL | 1,449 | $0 |
| Life insurance | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 514 | $2.0M |
| Short-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 514 | $2.0M |
| Long-term disability | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 514 | $2.0M |
| Stop-loss / reinsurancereinsurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 906 | $2.3M |
| Other(2 contracts, 2 carriers) | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 895 | $2.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,449 | — |
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.
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.