| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PATRIOT GROWTH INSURANCE SERVICES3 | 197 FIRST AVENUE, SUITE 100 NEEDHAM HEIGHTS, MA 02494 | BLUECROSS BLUESHIELD OF MASSACHUSETTS | $46K | $8K | $54K | 2.21% |
| INDIGO INSURANCE SERVICES3 Filed as: INDIGO INSURANCE SERVICES LLC | 100 FRONT STREET, 20TH FLOOR WORCESTER, MA 01608 | HARTFORD LIFE AND ACCIDENT | $12K | $0 | $12K | 7.00% |
| PATRIOT GROWTH INSURANCE SERVICES3 | 197 FIRST AVENUE, SUITE 100 NEEDHAM HEIGHTS, MA 02494 | HARTFORD LIFE AND ACCIDENT | $8K | $0 | $8K | 4.99% |
| PFG BENEFITS, INC.3 | 117 KENDRICK STREET, SUITE 300 NEEDHAM, MA 02494 | VISION SERVICE PLAN | $1K | $0 | $1K | 5.10% |
| BULFINCH GROUP INSURANCE AGY3 Filed as: THE BULFINCH GROUP | 160 GOULD STREET NEEDHAM, MA 02494 | VISION SERVICE PLAN | $178 | $0 | $178 | 0.84% |
| BP BENEFITS, LLC3 | 160 GOULD STREET, SUITE 310 NEEDHAM, MA 02494 | ZURICH AMERICAN INSURANCE COMPANY | $150 | — | $150 | 15.00% |
| REUBEN WARNER ASSOCIATES, INC.3 | 1655 RICHMOND AVENUE STATEN ISLAND, NY 10314 | ZURICH AMERICAN INSURANCE COMPANY | $0 | $150 | $150 | 15.00% |
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 | 148 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 151 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUECROSS BLUESHIELD OF MASSACHUSETTS | 332 | $2.4M |
| Dental | BLUECROSS BLUESHIELD OF MASSACHUSETTS | 332 | $2.4M |
| Vision | VISION SERVICE PLAN | 121 | $21K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 142 | $166K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 142 | $166K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 142 | $166K |
| Prescription drug | BLUECROSS BLUESHIELD OF MASSACHUSETTS | 332 | $2.4M |
| Other(3 contracts, 3 carriers) | HARTFORD LIFE AND ACCIDENT | 148 | $171K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 332 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.