| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| K BENEFIT GROUP, INC. Filed as: K BENEFIT GROUP | 60 CLEARWATER CIRCLE LUDLOW, MA 01056 | SUNLIFE ASSURANCE OF CANADA | $4K | — | $4K | 5.02% |
| GOSS & MCLAIN INSURANCE Filed as: GOSS AND MCCLAIN INSURANCE AGENCY | 1767 NORTHAMPTON STREET HOLYOKE, MA 01040 | SUNLIFE ASSURANCE OF CANADA | $4K | — | $4K | 4.93% |
| MASS FNCL SVCS INS AGCY INC Filed as: MASS BANKERS ASSOC | 1 WASHINGTON MALL SUITE 800 BOSTON, MA 02108 | MASSACHUSETTS VISION SERVICE PLAN | — | $5K | $5K | 14.00% |
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 | 268 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 269 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | MASSACHUSETTS VISION SERVICE PLAN | 189 | $39K |
| Life insurance | SUNLIFE ASSURANCE OF CANADA | 0 | $73K |
| Long-term disability | SUNLIFE ASSURANCE OF CANADA | 0 | $73K |
| Other | SUNLIFE ASSURANCE OF CANADA | 0 | $73K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 189 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.