| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC | 8 NORTH KING ST STE 1 NORTHHAMPTON, MA 01060 | HARTFORD LIFE AND ACCIDENT | $21K | — | $21K | 12.85% |
| CENTRO BENEFITS RESEARCH LLC3 | 24500 CHAGRIN BLVD, SUITE 365 BEACHWOOD, OH 44122 | HARTFORD LIFE AND ACCIDENT | $534 | — | $534 | 0.33% |
| MASS FNCL SVCS INS AGCY INC3 | ONE WASHINGTON MALL 8TH FLR BOSTON, MA 02108 | VISION SERVICE PLAN | $3K | — | $3K | 7.33% |
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 | 245 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 245 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 175 | $36K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 245 | $163K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 245 | $163K |
| Other | HARTFORD LIFE AND ACCIDENT | 245 | $163K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 245 | — |
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.