| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PFG BENEFITS, INC.3 | 117 KENDRICK STREET, SUITE 300 NEEDHAM, MA 02494 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $11K | $0 | $11K | 6.20% |
| TRUE NETWORK OF ADVISORS LLC3 Filed as: TRUE NETWORK OF ADVISORS, LLC | 501 OFFICE CENTER DRIVE SUITE 215 FORT WASHINGTON, PA 19034 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $0 | $1K | $1K | 0.73% |
| JONATHAN F. SULLIVAN3 | 44 HUNNEWELL STREET NEEDHAM HEIGHTS, MA 02494 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $2K | $0 | $2K | 1.65% |
| DOUGLAS S HALL3 Filed as: DOUGLAS S. HALL | 118 GREENACRE ROAD MARSHFIELD, MA 02050 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $1K | $0 | $1K | 1.23% |
| MARK J. MARKELL3 Filed as: MARK JOSEPH MARKELL | 217 GARDEN STREET NEEDHAM, MA 02492 | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $135 | $0 | $135 | 0.12% |
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 | 195 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 195 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 145 | $111K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 274 | $180K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 274 | $180K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 274 | $180K |
| Other | RELIANCE STANDARD LIFE INSURANCE COMPANY | 274 | $180K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 274 | — |
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.