| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HILB GROUP OF NEW ENGLAND3 | 2000 CHAPEL VIEW DR., STE. 200 CRANSTON, RI 02920 | AETNA LIFE INSURANCE COMPANY | — | $10K | $10K | 0.24% |
| HILB GROUP OF NEW ENGLAND3 | 275 WASHINGTON ST., STE. 110 NEWTON, MA 02458 | STANDARD INSURANCE COMPANY | $5K | $5K | $9K | 6.73% |
| WORKDAY INC3 Filed as: WORKDAY INC, | 6110 STONERIDGE MALL RD. PLEASANTON, CA 94588 | STANDARD INSURANCE COMPANY | — | $2K | $2K | 1.66% |
| HILB GROUP OF NEW ENGLAND3 | 275 WASHINGTON ST., STE 110 NEWTON, MA 02458 | STANDARD INSURANCE COMPANY | $4K | $9K | $13K | 11.70% |
| WORKDAY INC3 Filed as: WORKDAY INC. | 6110 STONERIDGE MALL RD. PLEASANTON, CA 94588 | STANDARD INSURANCE COMPANY | — | $4K | $4K | 3.50% |
| HILB GROUP OF NEW ENGLAND3 | 275 WASHINGTON ST., STE. 110 NEWTON, MA 02458 | STANDARD INSURANCE COMPANY | $3K | $3K | $6K | 13.52% |
| WORKDAY INC3 Filed as: WORKDAY INC. | 6110 STONERIDGE MALL RD. PLEASANTON, CA 94588 | STANDARD INSURANCE COMPANY | — | $2K | $2K | 3.50% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HILB GROUP OF NEW ENGLAND LLC EIN 47-4324398 BROKER | Insurance agents and brokers Service code 22 | 2000 CHAPEL VIEW BLVD., STE. 240 CRANSTON, RI 02920 | $86K |
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 | 641 | 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) | 644 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE COMPANY | 574 | $4.3M |
| Dental | AETNA LIFE INSURANCE COMPANY | 574 | $4.3M |
| Vision | EYEMED VISION CARE | 1,300 | $27K |
| Life insurance | STANDARD INSURANCE COMPANY | 641 | $108K |
| Short-term disability | STANDARD INSURANCE COMPANY | 200 | $44K |
| Long-term disability | STANDARD INSURANCE COMPANY | 218 | $141K |
| Other | STANDARD INSURANCE COMPANY | 641 | $108K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,300 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.