| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BOSTON INSURANCE GROUP3 | 100 GRANDVIEW ROAD BRAINTREE, MA 02184 | ANTHEM LIFE INSURANCE COMPANY | $312K | — | $312K | 13.48% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ANTHEM LIFE INSURANCE EIN 35-0980405 NONE | Claims processing; Other services; Float revenue; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 12 | 3075 VANDERCAR WAY CINCINNATI, OH 45209 | $1.0M |
| BOSTON INSURANCE GROUP EIN 04-3438230 NONE | Insurance agents and brokers; Other commissions; Insurance brokerage commissions and fees Service code 22 | 100 GRANDVIEW ROAD BRAINTREE, MA 02184 | $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 | 2,101 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 2,101 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Dental | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Vision | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Life insurance | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Short-term disability | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Long-term disability | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Prescription drug | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Stop-loss / reinsurancereinsurance | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Other | ANTHEM LIFE INSURANCE COMPANY | 1,730 | $2.3M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,730 | — |
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."
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.