| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FESPERMAN, RAMEY L3 | 607 N MAIN STREET LANCASTER, SC 29720 | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | $6K | — | $6K | 3.37% |
| HILB GROUP OF NEW ENGLAND3 Filed as: THE HILB GROUP OF SOUTH CAROLINA | 150 FAIRVIEW RD SUITE 320 MOORESVILLE, NC 28117 | PRINCIPAL LIFE INSURANCE COMPANY | $13K | $1K | $14K | 10.00% |
| PROFESSIONAL GROUP PLANS INC3 | 225 WIRELESS BOULEVARD SUITE 200 HAUPPAUGE, NY 11788 | PRINCIPAL LIFE INSURANCE COMPANY | — | $7K | $7K | 5.21% |
| HILB GROUP OF NEW ENGLAND3 Filed as: HILB GROUP OF NORTH CAROLINA LLC | 4010 OLEANDER DRIVE SUITE 11 WILMINGTON, NC 28403 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 1.69% |
| LAKE NORMAN BENEFITS INC3 Filed as: LAKE NORMAN BENEFITS, INC | 150 FAIRVIEW RD SUITE 320 MOORESVILLE, NC 28117 | SUN LIFE ASSURANCE COMPANY OF CANADA | $3K | — | $3K | 14.27% |
| HILB GROUP OF NEW ENGLAND3 Filed as: HILB GROUP OF NORTH CAROLINA, LLC | 150 FAIRVIEW RD SUITE 320 MOORESVILLE, NC 28117 | EYEMED VISION CARE | $483 | — | $483 | 4.81% |
| HILB GROUP OF NEW ENGLAND3 Filed as: HILB GROUP OF NORTH CAROLINA, LLC | 331 ALCOVE ROAD #200 MOORESVILLE, NC 28117 | EYEMED VISION CARE | $308 | — | $308 | 3.07% |
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 | 119 | 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) | 119 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | 14 | $166K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 89 | $139K |
| Vision | EYEMED VISION CARE | 107 | $10K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 89 | $139K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 89 | $139K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 89 | $139K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | 14 | $166K |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 89 | $160K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 107 | — |
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.