| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE BUSINESS BENEFITS GROUP, INC.3 Filed as: BUSINESS PLANNING SYSTEMS INC. | — | AETNA LIFE INSURANCE CO. | $100K | — | $100K | 1.59% |
| ALICARE, INC5 Filed as: ALICARE C/O IRA SCHWARTZ | — | AETNA LIFE INSURANCE CO. | $88K | — | $88K | 1.41% |
| THE BUSINESS BENEFITS GROUP, INC.3 Filed as: BUSINESS PLANNING SYSTEMS INC. | — | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | $11K | — | $11K | 5.41% |
| THE BUSINESS BENEFITS GROUP, INC.3 Filed as: BUSINESS PLANNING SYSTEMS INC. | — | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $4K | $1K | $5K | 5.65% |
| THE BUSINESS BENEFITS GROUP, INC.3 Filed as: BUSINESS PLANNING SYSTEMS INC. | — | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $2K | $691 | $3K | 5.69% |
| THE BUSINESS BENEFITS GROUP, INC.3 Filed as: BUSINESS PLANNING SYSTEMS INC. | — | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $409 | $118 | $527 | 5.58% |
| BUISNESS PLANNING SYSTEM INC.3 | — | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | $32 | $9 | $41 | 5.52% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LIBERTY LIFE ASSURANCE CO.OF BOSTON EIN 04-6076039 CLAIM PROCESSING | Contract Administrator; Insurance services; Claims processing Service code 12 | — | $16K |
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 | 465 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 39 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 504 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO. | 651 | $6.3M |
| Vision | AETNA LIFE INSURANCE CO. | 651 | $6.3M |
| Life insurance | THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK | 563 | $203K |
| Short-term disability(3 contracts) | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 352 | $64K |
| Long-term disability | LIBERTY LIFE ASSURANCE COMPANY OF BOSTON | 367 | $89K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 651 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.