| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BOSTON INSURANCE GROUP3 | 100 GRANDVIEW ROAD SUITE 302 BRAINTREE, MA 02184 | UNITED STATES FIRE INSURANCE COMPANY | $28K | — | $28K | 2.46% |
| BOSTON INSURANCE GROUP3 | 100 GRANDVIEW ROAD SUITE 302 BRAINTREE, MA 02184 | ANTHEM LIFE INSURANCE COMPANY | $97K | — | $97K | 10.52% |
| BOSTON INSURANCE GROUP3 | 100 GRANDVIEW ROAD SUITE 302 BRAINTREE, MA 02184 | ANTHEM LIFE INSURANCE COMPANY | $242K | — | $242K | 27.65% |
| BOSTON INSURANCE GROUP3 | 100 GRANDVIEW ROAD SUITE 302 BRAINTREE, MA 02184 | STANDARD INSURANCE COMPANY | $34K | — | $34K | 14.79% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BOSTON INSURANCE GROUP EIN 04-3438230 NONE | Other commissions; Insurance brokerage commissions and fees; Insurance agents and brokers Service code 22 | 100 GRANDVIEW ROAD BRAINTREE, MA 02184 | $78K |
| ANTHEM HEALTH PLANS EIN 06-1475928 NONE | Float revenue; Other services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Claims processing Service code 12 | 3075 VANDERCAR WAY CINCINNATI, OH 45209 | -$750K |
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 | 2,198 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 2,201 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED STATES FIRE INSURANCE COMPANY | 1,302 | $1.1M |
| Dental | ANTHEM LIFE INSURANCE COMPANY | 1,312 | $874K |
| Vision | ANTHEM LIFE INSURANCE COMPANY | 1,312 | $874K |
| Life insurance | STANDARD INSURANCE COMPANY | 1,653 | $230K |
| Short-term disability | ANTHEM LIFE INSURANCE COMPANY | 1,655 | $926K |
| Stop-loss / reinsurancereinsurance | UNITED STATES FIRE INSURANCE COMPANY | 1,302 | $1.1M |
| Other | ANTHEM LIFE INSURANCE COMPANY | 1,655 | $926K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,655 | — |
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.