| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MCWALTER VOLUNTEER BENEFITS3 | GROUP, INC 30 MONUMENT SQ CONCORD, MA 017421858 | UNITEDHEALTHCARE INSURANCE COMPANY | $72K | — | $72K | 2.98% |
| MCWALTER VOLUNTEER BENEFITS3 Filed as: MCWALTER BENEFITS GROUP | 12 WINDING BROOK ROAD FRANKLIN, MA 02038 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3K | — | $3K | 8.48% |
| MCWALTER VOLUNTEER BENEFITS3 Filed as: MCWALTER BENEFITS GROUP | 30 MONUMENT SQUARE SUITE 135 CONCORD, MA 01742 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $277 | — | $277 | 0.78% |
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 | 251 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 9 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 260 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITEDHEALTHCARE INSURANCE COMPANY | 504 | $2.4M |
| Dental | UNITEDHEALTHCARE INSURANCE COMPANY | 504 | $2.4M |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 463 | $35K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 504 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.