| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| IMA, INC.3 Filed as: IMA INC | 1 GATEWAY CENTER SUITE 650 NEWTON, MA 02458 | STANDARD INSURANCE COMPANY | $14K | $3K | $17K | 9.02% |
| IMA, INC.3 Filed as: IMA INC | ONE GATEWAY CENTER SUITE 650 NEWTON, MA 02458 | CONTINENTAL AMERICAN INSURANCE COMPANY | $15K | — | $15K | 22.15% |
| AUSTIN BOUCHARD3 | 194 CILLEY ROAD MANCHESTER, NH 03103 | CONTINENTAL AMERICAN INSURANCE COMPANY | $6K | — | $6K | 8.64% |
| BENEDIKT N MASON3 Filed as: BENEDIKT NICHOLAS MASON | 17 LITTLE BEAR HEAD ROAD WESTFORD, MA 01886 | CONTINENTAL AMERICAN INSURANCE COMPANY | $653 | — | $653 | 0.95% |
| RYAN JAMES CLEPPER3 | 124 EDGELL STREET GARDNER, MA 01440 | CONTINENTAL AMERICAN INSURANCE COMPANY | $7 | — | $7 | 0.01% |
| IMA, INC.3 Filed as: IMA INC | 1 GATEWAY CTR SUITE 650 NEWTON, MA 02458 | ANTHEM LIFE INSURANCE COMPANY | $4K | — | $4K | 7.39% |
| IMA, INC.3 Filed as: IMA INC | 1 GATEWAY CTR STE 650 NEWTON, MA 02458 | VISION SERVICE PLAN | $5K | — | $5K | 10.07% |
| IMA, INC.3 Filed as: IMA INC | 1 GATEWAY CTR STE 650 NEWTON, MA 02458 | HPHC INSURANCE COMPANY | $972 | $105 | $1K | 2.88% |
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 | 523 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 526 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HPHC INSURANCE COMPANY | 2 | $37K |
| Vision | VISION SERVICE PLAN | 331 | $46K |
| Life insurance(2 contracts, 2 carriers) | STANDARD INSURANCE COMPANY | 523 | $245K |
| Long-term disability(2 contracts, 2 carriers) | STANDARD INSURANCE COMPANY | 523 | $245K |
| Other(4 contracts, 4 carriers) | STANDARD INSURANCE COMPANY | 523 | $351K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 523 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.