| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MCGRATH INSURANCE BROKERAGE INC3 | — | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC | $74K | $2K | $75K | 1.33% |
| MCGRATH INSURANCE BROKERAGE INC3 | 33 LYMAN STREET SUITE 301 WESTBOROUGH, MA 01581 | DELTA DENTAL OF MA | $16K | — | $16K | 2.49% |
| MCGRATH INSURANCE BROKERAGE INC3 | 33 LYMAN STREET SUITE 301 WESTBORO, MA 01581 | UNION SECURITY INSURANCE COMPANY | $13K | — | $13K | 3.99% |
| M3 INSURANCE SOLUTIONS INC3 Filed as: MCGRATH INSUARNCE BROKERAGE INC | 33 LYMAN STREET SUITE 301 WESTBOROUGH, MA 01581 | VISION SERVICE PLAN | $2K | — | $2K | 3.75% |
| MCGRATH INSURANCE BROKERAGE INC3 Filed as: MCGRATH INSURANCE BROKERAGE INC. | 33 LYMAN STREET SUITE 301 WESTBOROUGH, MA 01581 | UNION SECURITY INSURANCE COMPANY | $524 | — | $524 | 18.36% |
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 | 384 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 12 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 31 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 427 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC | 358 | $5.7M |
| Dental | DELTA DENTAL OF MA | 1,068 | $636K |
| Vision | VISION SERVICE PLAN | 328 | $49K |
| Life insurance(2 contracts, 2 carriers) | UNION SECURITY INSURANCE COMPANY | 393 | $338K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 393 | $324K |
| Other(2 contracts) | UNION SECURITY INSURANCE COMPANY | 393 | $327K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,068 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.