| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE SEGAL COMPANY3 Filed as: THE SEGAL COMPANY (EASTERN STATES) | 116 HUNTINGTON AVE FL 8 BOSTON, MA 021165749 | BLUE CROSS & BLUE SHIELD OF MASSACHUSETTS, INC. | $264K | — | $264K | 0.74% |
| THE SEGAL COMPANY3 Filed as: SEGALCO INSURANCE, INC. | 116 HUNTINGTON AVE FL 8 BOSTON, MA 021165749 | BLUE CROSS & BLUE SHIELD OF MASSACHUSETTS, INC. | $47K | — | $47K | 0.13% |
| THE SEGAL COMPANY3 Filed as: THE SEGAL CO | 116 HUNTINGTON AVE., FL 8 BOSTON, MA 021165749 | VISION SERVICE PLAN | $5K | — | $5K | 1.46% |
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 | 1,760 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 128 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,888 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS & BLUE SHIELD OF MASSACHUSETTS, INC. | 5,363 | $35.5M |
| Dental | DELTA DENTAL OF MASSACHUSETTS | 5,423 | $0 |
| Vision | VISION SERVICE PLAN | 1,394 | $368K |
| Life insurance | STANDARD INSURANCE COMPANY | 1,947 | $994K |
| Long-term disability | STANDARD INSURANCE COMPANY | 1,982 | $679K |
| Other | FEDERAL INSURANCE COMPANY - CHUBB | 1,372 | $53K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 5,423 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.