Form 5500 · Employee benefit plan · MARLBOROUGH, MA
OPTOS INCORPORATED
The filing calls this plan OPTOS HEALTH AND WELFARE PLAN.
OPTOS INCORPORATED of MARLBOROUGH, MA spreads its employee benefits across 7 insurance carriers, according to its Form 5500 Schedule A. Its broker of record is RISK STRATEGIES CORPORATION. Coverage is written through BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. and 6 other carriers. The plan's most recent policy period ended in March.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 98-0192728 · plan 501 · plan year 2025, filed Oct 3, 2025
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105 other employer plans in Massachusetts have policy years ending in March. See the full list on the renewal calendar, or ask for it in Claude or ChatGPT.
How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Also declared: prepaid legal, death benefits, other welfare.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 7 insured contracts covering health, dental, vision, life and disability; the largest, with BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC., covers 560 people.
Reported premium across the insured contracts is $5,362,513, with $133,580 in disclosed broker commissions — about 2.5% of premium.
The most recent policy period ended in March, and the plan year ends March 31. Group contracts typically renew on that annual cycle.
RISK STRATEGIES CORPORATION is the broker of record on 1 of the 7 contracts; the rest name a different broker or none.
7 carriers appear on the filing, including BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC., DELTA DENTAL OF MASSACHUSETTS, PRUDENTIAL INSURANCE COMPANY OF AMERICA and VISION SERVICE PLAN. BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| PRUDENTIAL INSURANCE COMPANY OF AMERICA | Life, Disability | 263 | Apr 1, 2025 | $227,014 | $69,298 |
| BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. | Health | 560 | Apr 1, 2025 | $4,827,524 | $54,192 |
| DELTA DENTAL OF MASSACHUSETTS | Dental | 577 | Apr 1, 2025 | $253,842 | $7,355 |
| VISION SERVICE PLAN | Vision | 233 | Apr 1, 2025 | $34,598 | $1,513 |
| HARTFORD LIFE AND ACCIDENT | — | 262 | Apr 1, 2025 | $3,745 | $562 |
| METROPOLITAN GENERAL INSURANCE COMPANY | — | 21 | Apr 1, 2025 | $4,851 | $433 |
| UNUM LIFE INSURANCE COMPANY OF AMERICA | — | 23 | Apr 1, 2025 | $10,939 | $227 |
Premium and claims on this contract
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC., contract 4832583. For the contract year on this filing, the carrier reported $4,827,524 in premium earned and $5,714,674 in claims incurred. Dividing one by the other gives 118%.
- BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC., contract 4832583 reported $-887,149 in retention.
Retention is what the carrier kept of the premium after claims, as reported: administration, commissions and other charges.
Only experience-rated contracts report these figures, so most filings leave them blank.
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. We publish company names only.
Other plans filed by this employer
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