Charles River Insurance Brokerage, Inc.

Business services / Insurance agencies brokerage· Framingham, MA
NAICS 524210
As of · 2 sources, 13 observations, 2 events; scored 3 days ago
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Borrowers in this sector

What matters now

  1. $1M to $4M
    probable EBITDA

    Probable EBITDA $1M to $4M on revenue of $6.8M to $13.5M, estimated from 45 employees.

    Inside the $1M to $15M EBITDA range most independent sponsors state they buy.

    InferenceDFX estimate from headcount on Form 5500, 55% confidence
  2. 80
    dealability of 100

    Why it fits: operating tenure +20, 28 years since earliest plan effective date (floor on age); sector demand +15, business services: sponsor demand index 1.00 (anonymised market prior); workforce stability +5, $99,293 retirement assets per participant suggests a long-tenured workforce.

    The largest contributions to its dealability score, each with the fact it rests on.

    DerivedDFX score, 23 Sep 2026
  3. 76
    data confidence of 100

    How sure the record is: 2 independent sources; latest effective observation 12 Sep 2026; size estimate at 55% confidence.

    How much of this page rests on independent sources rather than on our estimates.

    Measuredcount of sources and dates on the record
Dealability
80
high
Sponsor fit
95
high
Transition readiness
0
low
Data confidence
76
high
Opportunity
25
ranking only
What is it

Business services (Insurance agencies brokerage) employer in Framingham, MA, with 51 benefit plan participants on its latest filing, and a benefit plan in place since 1998. No website description has been captured yet.

Why does it fit
  • +40Size band fit
    Estimate
  • +20Operating tenure
    Fact
  • +5Workforce stability
    Inference
  • +15Sector demand
    Inference
Why now
  • -59.2Plan final filingPossibly resolved
    FactJan 1, 2026efast.dol.gov
  • +10Market pullMarket pull
    Inference
What its own filings say
  1. 1998 to 2026Long establishedcontext weightFact
    Has run a benefit plan since 1998, at least 28 years, so the business is older than that.
    Form 5500 · read Sep 17, 2026
How large is it
Probable revenue
$6.8M to $13.5M Estimate
Probable EBITDA
$1.0M to $4.0M Estimate
Workforce proxy
51 plan participants
Estimate computed on
45 employees, the headcount the size estimate used
Method
employees x sector revenue/employee band x sector EBITDA margin band
Confidence
55%
How certain are we
  • +30Source breadth
    Fact2 independent sources
  • +29.6Freshness
    Factlatest effective observation 2026-09-12
  • +16.5Size estimate quality
    Estimate
What changed
Ownership and transition activity
How the four classes are defined
  1. Jan 1, 2026plan year 2026Company transitionFactFinal filing, next year unpublishedconfidence 80%
    Final Form 5500 for 1 plan; the following plan year is not yet on the record
    Rule: On the 2022 and 2023 tapes, 79 to 80% of sponsors that marked a return final were absent from the RAW Form 5500 record the following plan year (any size, any industry, EIN and successor), against 1.8 to 2.1% of sponsors that did not; that is next-year absence, not a sale rate
    DOL EFAST2 Form 5500 datasets efast.dol.gov · last verified Sep 23, 2026
  1. Every dated event
  2. Jan 1, 2026Final benefit plan filingFactTransaction preparation
    Charles River Insurance Brokerage, Inc. filed a final Form 5500 for 1 plan
    DOL EFAST2 Form 5500 datasets efast.dol.gov
  3. Jan 1, 2024Entered the Form 5500 recordFactRecord entry
    Charles River Insurance Brokerage, Inc. entered the sized Form 5500 universe in plan year 2024: reached 50 participants from 42 in 2023
    DOL EFAST2 Form 5500 datasets efast.dol.gov
Decision makers

No named leader on the record yet: the company's site did not list one where we read it.

Profile
Founded
benefit plan since Oct 1, 1998 (age floor 27 years)
Ownership
not observed
Plans on file
1
What is the evidence
FactValueClassEffectiveSourceEvidence
Active participants45Fact2024-01-01DOL EFAST2 Form 5500 datasets
Ebitda band$2.5MEstimate2026-09-12DFX model output (scores, estimates, matches)
no URL
Ebitda band$2.5MEstimate2026-09-11DFX model output (scores, estimates, matches)
no URL
Hq locationFramingham, MAFact2024-01-01DOL EFAST2 Form 5500 datasets
Naics code524210Fact2024-01-01DOL EFAST2 Form 5500 datasets
Plan assets eoy usd$4.5MFact2026-01-01DOL EFAST2 Form 5500 datasets
Plan assets eoy usd$3.6MFact2024-01-01DOL EFAST2 Form 5500 datasets
Plan count1Fact2024-01-01DOL EFAST2 Form 5500 datasets
Plan effective date earliest1998-10-01Fact2024-01-01DOL EFAST2 Form 5500 datasets
Plan participants51Fact2026-01-01DOL EFAST2 Form 5500 datasets
Plan participants50Fact2024-01-01DOL EFAST2 Form 5500 datasets
SubsectorInsurance agencies brokerageFact2024-01-01DOL EFAST2 Form 5500 datasets
VerticalBusiness servicesFact2024-01-01DOL EFAST2 Form 5500 datasets
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