| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GRIFFIN ESTEP BENEFIT GP3 | PO BOX 2263 WILMINGTON, NC 28402 | AETNA LIFE INSURANCE CO | $960 | $5K | $6K | 0.62% |
| GRIFFIN ESTEP BENEFIT GROUP3 Filed as: GRIFFIN-ESTEP BENEFIT GROUP | 2528 INDEPENDENCE BLV STE 104 WILMINGTON, NC 28412 | METROPOLITAN LIFE INSURACE CO | $16K | $57 | $16K | 14.62% |
| GRIFFIN ESTEP BENEFIT GROUP3 Filed as: GRIFFIN-ESTEP BENEFIT GROUP | PO BOX 2263 WILMINGTON, NC 28402 | USABLE LIFE | $5K | — | $5K | 9.82% |
| MOSAIC GROUP SERVICES3 Filed as: MOSAIC GROUP | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $4K | — | $4K | 7.12% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| GRIFFIN ESTEP BENEFIT GP SERVICE PROVIDER | Insurance agents and brokers Service code 22 | PO BOX 2263 WILMINGTON, NC 28402 | $45K |
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 | 246 | 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) | 246 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO | 246 | $963K |
| Dental | METROPOLITAN LIFE INSURACE CO | 231 | $107K |
| Vision | AETNA LIFE INSURANCE CO | 246 | $963K |
| Life insurance(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURACE CO | 231 | $159K |
| Short-term disability | METROPOLITAN LIFE INSURACE CO | 231 | $107K |
| Long-term disability | USABLE LIFE | 177 | $52K |
| Prescription drug | AETNA LIFE INSURANCE CO | 246 | $963K |
| Other | USABLE LIFE | 177 | $52K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 246 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.