| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PATRIOT GROWTH INSURANCE SERVICES3 | — | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | $9K | $3K | $12K | 2.89% |
| DIGITAL INSURANCE LLC3 Filed as: DIGITAL INSURANCE, INC. | — | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | $1K | — | $1K | 0.35% |
| BLUE BENEFIT ADMINISTRATORS OF MASS3 | PO BOX 55971 BOSTON, MA 022055917 | BCBS OF MA | — | $209K | $209K | 70.11% |
| BULFINCH GROUP INSURANCE AGY3 Filed as: BULFINCH BENEFITS GROUP | 160 GOULD STREET NEEDHAM, MA 02494 | BCBS OF MA | — | $31K | $31K | 10.38% |
| DIGITAL INSURANCE LLC3 Filed as: DIGITAL INSURANCE, LLC | 200 GALLERIA PARKWAY SE SUITE 1950 ATLANTA, GA 30339 | BCBS OF MA | — | $7K | $7K | 2.20% |
| BULFINCH GROUP INSURANCE AGY3 Filed as: BULFINCH BENEFITS | 160 GOULD STREET, SUITE 310 NEEDHAM, MA 02494 | FOUR EVER LIFE INS CO | $8K | — | $8K | 8.00% |
| INDIGO INSURANCE SERVICES3 | 101 HUNTINGTON AVENUE SUITE 401 BOSTON, MA 02199 | FOUR EVER LIFE INS CO | — | $5K | $5K | 5.00% |
| MICHAELL ELCOCK3 | 838 WEBSTER STREET NEEDHAM, MA 02492 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $1K | — | $1K | 2.55% |
| DOUGLAS S HALL3 | 118 GREENACRE ROAD WESTWOOD, MA 02050 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $844 | — | $844 | 1.79% |
| DIGITAL INSURANCE LLC3 Filed as: DIGITAL INSURANCE INC | 200 GALLERIA PARKWAY SE STE 19510 ATLANTA, GA 30339 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | — | $674 | $674 | 1.43% |
| MICHAEL J. MURRAY3 Filed as: MICHAEL J MURPHY | 329 PARK STREET BOSTON, MA 02132 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $362 | — | $362 | 0.77% |
| INDIGO INSURANCE SERVICES3 | 101 HUNTINGTON AVENUE BOSTON, MA 02199 | USABLE LIFE | $5K | — | $5K | 12.31% |
| BP BENEFITS, LLC3 Filed as: BP BENEFITS LLC | 160 GOULD STREET SUITE 310 NEEDHAM, MA 02494 | USABLE LIFE | — | $3K | $3K | 6.58% |
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 | 681 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 681 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | FOUR EVER LIFE INS CO | 17 | $104K |
| Dental | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS | 1,026 | $428K |
| Vision | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 347 | $47K |
| Life insurance | USABLE LIFE | 681 | $42K |
| Long-term disability | USABLE LIFE | 681 | $42K |
| Stop-loss / reinsurancereinsurance | BCBS OF MA | 467 | $297K |
| Other | USABLE LIFE | 681 | $42K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,026 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.