| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BOSTON INSURANCE GROUP3 Filed as: BOSTON INSURANCE GROUP INC | 100 GRANDVIEW ROAD SUITE 302 BRAINTREE, MA 02184 | HCC LIFE INSURANCE COMPANY | $29K | — | $29K | 3.73% |
| BOSTON INSURANCE GROUP3 Filed as: BOSTON INSURANCE GROUP INC. | 100 GRANDVIEW ROAD SUITE 302 BRAINTREE, MA 02184 | ANTHEM LIFE INSURANCE COMPANY | $176K | — | $176K | 23.19% |
| BOSTON INSURANCE GROUP3 Filed as: BOSTON INSURANCE GROUP INC | 100 GRANDVIEW ROAD SUITE 302 BRAINTREE, MA 02184 | ANTHEM LIFE INSURANCE COMPANY | $169K | — | $169K | 23.59% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ANTHEM HEALTH PLANS EIN 06-1475928 NONE | Float revenue; Claims processing; Other services; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 12 | 1351 WM HOWARD TAFT ROAD CINCINNATI, OH 45206 | $715K |
| BOSTON INSURANCE GROUP INC EIN 04-3438230 NONE | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | 100 GRANDVIEW ROAD SUITE 302 BRAINTREE, MA 02184 | $69K |
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 | 2,572 | 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. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 2,572 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | ANTHEM LIFE INSURANCE COMPANY | 1,418 | $718K |
| Vision | ANTHEM LIFE INSURANCE COMPANY | 1,983 | $758K |
| Life insurance | ANTHEM LIFE INSURANCE COMPANY | 1,983 | $758K |
| Short-term disability | ANTHEM LIFE INSURANCE COMPANY | 1,983 | $758K |
| Long-term disability | ANTHEM LIFE INSURANCE COMPANY | 1,983 | $758K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 1,495 | $788K |
| Other | ANTHEM LIFE INSURANCE COMPANY | 1,983 | $758K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,983 | — |
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.