| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BP BENEFITS, LLC5 | 160 GOULD STREET NEEDHAM HEIGHTS, MA 02494 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | — | $283 | $283 | 0.09% |
| INDIGO INSURANCE SERVICES3 | 401 PARK DRIVE BOSTON, MA 02215 | USABLE LIFE | $13K | — | $13K | 12.02% |
| MICHAEL L ELCOCK3 | 838 WEBSTER STREET NEEDHAM, MA 02492 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $877 | — | $877 | 4.37% |
| DOUGLAS S HALL3 | 118 GREENACRE ROAD WESTWOOD, MA 02050 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $614 | — | $614 | 3.06% |
| MICHAEL J. MURRAY3 Filed as: MICHAEL J MURRAY | 329 PARK STREET BOSTON, MA 02132 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $263 | — | $263 | 1.31% |
| BLUE CROSS BLUE SHIELD OF FLORIDA5 Filed as: BLUE BENEFIT ADMINISTRATORS OF MA | P.O. BOX 55917 BOSTON, MA 022055917 | EXCESS RISK REINSURANCE | — | $152K | $152K | — |
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 | 421 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 426 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EXCESS RISK REINSURANCE | 421 | $0 |
| Dental | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | 443 | $316K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 170 | $20K |
| Life insurance | USABLE LIFE | 596 | $110K |
| Short-term disability | USABLE LIFE | 596 | $110K |
| Long-term disability | USABLE LIFE | 596 | $110K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 596 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.