| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PARADIGM BENEFITS GROUP INC3 | 398 COUNTY STREET NEW BEDFORD, MA 02740 | BLUE CROSS BLUE SHIELD OF RHODE ISLAND | $62 | — | $62 | 0.00% |
| GCG FINANCIAL LLC3 Filed as: SYLVIA & COMPANY | 500 FAUNCE CORNER BLDG 100 STE 120 DARTMOUTH, MA 02747 | DELTA DENTAL OF RHODE ISLAND | $5K | — | $5K | 2.75% |
| GCG FINANCIAL LLC3 Filed as: SYLVIA & COMPANY INSURANCE AGENCY | 500 FAUNCE CORNER RD STE 120 DARTMOUTH, MA 02747 | THE GURADIAN LIFE INSURANCE COMPANY OF AMERICA | $11K | — | $11K | 12.00% |
| GCG FINANCIAL LLC3 Filed as: SYLVIA & COMPANY INSURANCE | 500 FAUNCE CORNER RD STE 120 DARTMOUTH, MA 02747 | VISION SERVICE PLAN | $1K | — | $1K | 5.63% |
| GCG FINANCIAL LLC3 Filed as: SYLVIA & COMPANY INSURANCE AGENCY | 500 FAUNCE CORNER STE 120 DARTMOUTH, MA 02747 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $1K | — | $1K | 21.17% |
| GCG FINANCIAL LLC3 Filed as: SYLVIA & COMPANY | 500 FAUNCE CORNER BLD 100 STE 120 DARTMOUTH, MA 02747 | DELTA DENTAL OF RHODE ISLAND | $57 | — | $57 | 2.76% |
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 | 217 | 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) | 217 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF RHODE ISLAND | 482 | $1.7M |
| Dental(2 contracts) | DELTA DENTAL OF RHODE ISLAND | 485 | $188K |
| Vision | VISION SERVICE PLAN | 132 | $19K |
| Life insurance(2 contracts, 2 carriers) | THE GURADIAN LIFE INSURANCE COMPANY OF AMERICA | 217 | $101K |
| Short-term disability | THE GURADIAN LIFE INSURANCE COMPANY OF AMERICA | 217 | $96K |
| Long-term disability | THE GURADIAN LIFE INSURANCE COMPANY OF AMERICA | 217 | $96K |
| Other(2 contracts, 2 carriers) | THE GURADIAN LIFE INSURANCE COMPANY OF AMERICA | 217 | $101K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 485 | — |
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.