| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CLEARY INSURANCE, INC.3 Filed as: CLEARY INSURANCE, INC | 226 CAUSEWAY ST # 302 BOSTON, MA 02114 | PRINCIPAL LIFE INSURANCE COMPANY | $33K | — | $33K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD EIN 04-1045815 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $2.5M |
| DELTA DENTAL OF MASSACHUSETTS EIN 04-6143185 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $337K |
| BLACKROCK FINANCIAL MGMT EIN 13-3806691 NONE | Investment management; Investment management fees paid directly by plan Service code 28 | — | $279K |
| LOOMIS SAYLES EIN 04-3200030 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $264K |
| MODERN ASSISTANCE EIN 04-3014253 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $260K |
| ZENITH AMERICAN SOLUTIONS INC EIN 52-1590516 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $211K |
| INNOVATIVE SOFTWARE SOLUTIONS EIN 23-2182079 NONE | Other fees; Direct payment from the plan Service code 50 | — | $161K |
| LABOR WELLNESS EIN 47-2752088 NONE | Direct payment from the plan; Other services Service code 49 | — | $150K |
| THE SEGAL COMPANY EIN 13-1835864 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $122K |
| NOVAK FRANCELLA,LLC EIN 61-1436956 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $106K |
| STATE STREET BANK & TRUST EIN 04-1867445 NONE | Custodial (securities); Investment management fees paid directly by plan Service code 19 | — | $83K |
| CHRISTINE LAROSA EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $75K |
| SEGAL ROITMAN & COMPANY EIN 04-2489114 NONE | Legal; Direct payment from the plan Service code 29 | — | $75K |
| MICHAEL DONOVAN EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $73K |
| ICORPS TECHNOLOGIES EIN 04-3322710 NONE | Other services; Direct payment from the plan Service code 49 | — | $70K |
| RICHARD GAMBINO EIN 04-6063733 EMPLOYEE | Direct payment from the plan; Plan Administrator Service code 14 | — | $66K |
| VERONICA MULKERN EIN 04-6063733 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $64K |
| KRAKOW & SOURIS LLC EIN 04-3363718 NONE | Legal; Direct payment from the plan Service code 29 | — | $61K |
| AFL-CIO HOUSING INVESTMENT TRUST EIN 52-6220193 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $61K |
| CHRISTINE MUNN EIN 04-6063733 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $54K |
| BARBARA JOHNSON EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $52K |
| LISA O'CONNELL EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $48K |
| SUSAN SNYDER EIN 04-6063733 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $44K |
| CAREMARK RX, INC. EIN 95-3382344 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $44K |
| MANZI & ASSOCIATES LLC EIN 04-3508036 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $43K |
| CBIZ SAVITZ EIN 31-1582098 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $42K |
| PAUL D. MAHONEY NONE | Direct payment from the plan; Consulting (general) Service code 16 | 24 BONNEY BRIAR DRIVE PLYMOUTH, MA 02360 | $37K |
| SEGAL MARCO ADVISORS EIN 13-2646110 NONE | Investment advisory (plan); Investment management fees paid directly by plan Service code 27 | — | $37K |
| ELIZABETH FOLAN EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $32K |
| STATE STREET GLOBAL ADVISORS EIN 04-1867445 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $32K |
| KAITLYN SHERMAN EIN 04-6063733 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $29K |
| DAVIS VISION EIN 11-3051991 NONE | Direct payment from the plan; Claims processing Service code 12 | — | $29K |
| JEANNIE FOLAN EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $27K |
| JOSHUA WOOD EIN 04-6063733 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $26K |
| ROBERT HALF EIN 94-1648752 NONE | Direct payment from the plan; Other services Service code 49 | — | $26K |
| LAUREN BRONSKE EIN 04-6063733 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $24K |
| MICARLIE BAPTISTE EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $20K |
| KAREN MARTELL EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $19K |
| IRON MOUNTAIN RECORDS MANAGEMENT EIN 04-3038590 NONE | Direct payment from the plan; Other services Service code 49 | — | $12K |
| JOHN BRADLEY EIN 04-6063733 EMPLOYEE | Direct payment from the plan; Employee (plan) Service code 30 | — | $12K |
| DONALD GUGLIELMUCCI EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $12K |
| DONNA MACKINNON EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $11K |
| PAYCHEX EIN 16-1124166 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $7K |
| KELSEY HARDIN EIN 04-6063733 EMPLOYEE | Employee (plan); Direct payment from the plan Service code 30 | — | $7K |
| LINCOLN FINANCIAL GROUP EIN 35-1299729 NONE | Insurance services; Insurance brokerage commissions and fees Service code 23 | — | $5K |
| NEW TOWER TRUST COMPANY EIN 30-0872552 NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | — | $0 |
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 | 6,311 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 565 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 6,876 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 4,848 | $331K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4,848 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.