| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HCW EMPLOYEE BENEFIT SERVICES, LLC3 Filed as: HCW EMPLOYEE BENEFIT SVCS LLC | 4819 EMPEROR BLVD STE 200 DURHAM, NC 27703 | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | $52K | $10K | $62K | 1.73% |
| CORPORATE SYNERGIES GROUP LLC3 | 5000 DEARBORN CIRCLE MT LAUREL, NJ 08054 | INDEPENDENCE BLUE CROSS | $90K | $113K | $202K | 8.83% |
| HCW EMPLOYEE BENEFIT SERVICES, LLC3 Filed as: HCW EMPLOYEE BENEFIT SERVICES LLC | 4819 EMPEROR BLVD DURHAM, NC 27703 | SUN LIFE ASSURANCE COMPANY OF CANADA | $36K | — | $36K | 6.95% |
| CORPORATE SYNERGIES GROUP LLC3 Filed as: CORPORATE SYNERGIES GROUP, LLC | 5000 DEARBORN CIRCLE, STE 100 MOUNT LAUREL, NJ 08054 | SUN LIFE ASSURANCE COMPANY OF CANADA | $12K | $6K | $18K | 3.45% |
| HCW EMPLOYEE BENEFIT SERVICES, LLC3 Filed as: HCW EMPLOYEE BENEFIT SVCS LLC | 4819 EMPEROR BLVD SUITE 200 DURHAM, NC 27703 | UNITED CONCORDIA LIFE AND HEALTH INSURANCE COMPANY | $30K | — | $30K | 6.95% |
| CORPORATE SYNERGIES GROUP LLC3 | 5000 DEARBORN CIRCLE STE 100 MOUNT LAUREL, NJ 08054 | UNITED CONCORDIA LIFE AND HEALTH INSURANCE COMPANY | $11K | — | $11K | 2.55% |
| HCW EMPLOYEE BENEFIT SERVICES, LLC3 Filed as: HCW BENEFIT SERVICES LLC | 4819 EMPEROR BLVD STE 200 DURHAM, NC 27703 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 5.02% |
| CORPORATE SYNERGIES GROUP LLC3 | PO BOX 654118 DALLAS, TX 75265 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 3.19% |
| CORPORATE SYNERGIES GROUP LLC3 | 5000 DEARBORN CIRCLE SUITE 100 MT. LAUREL, NJ 08054 | CAREBRIDGE CORPORATION | $85 | — | $85 | 1.80% |
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 | 458 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 464 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | 1,017 | $5.9M |
| Dental | UNITED CONCORDIA LIFE AND HEALTH INSURANCE COMPANY | 909 | $438K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 991 | $38K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 594 | $516K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 594 | $516K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 594 | $516K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | 1,017 | $5.9M |
| Other(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 594 | $521K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,017 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.