| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP WEBBER AND GRINNELL | 8 NORTH KING STREET NORTHAMPTON, MA 01060 | HEALTH NEW ENGLAND, INC. | $5K | $0 | $5K | 2.93% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC. | PO BOX 5086 OXNARD, CA 93031 | SUN LIFE ASSURANCE COMPANY OF CANADA | $2K | $0 | $2K | 10.18% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC. | 8 NORTH KING STREET NORTHAMPTON, MA 01060 | SUN LIFE ASSURANCE COMPANY OF CANADA | $502 | $0 | $502 | 3.31% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC. | 98 LOWER WESTFIELD ROAD HOLYOKE, MA 01040 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $938 | — | $938 | 30.00% |
| NATIONAL BENEFIT CENTER3 | 3700 PARK EAST DRIVE SUITE 350 BEACHWOOD, OH 44122 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $9 | $9 | 0.29% |
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 | 29 | 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) | 29 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTH NEW ENGLAND, INC. | 11 | $181K |
| Dental | SUN LIFE ASSURANCE COMPANY OF CANADA | 13 | $15K |
| Vision | SUN LIFE ASSURANCE COMPANY OF CANADA | 13 | $15K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 29 | $3K |
| Prescription drug | HEALTH NEW ENGLAND, INC. | 11 | $181K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 29 | $3K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 29 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.