| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT WATCH LLC3 | — | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $47K | — | $47K | 9.94% |
| BENEFIT WATCH LLC3 | 4969 MERCANTILE ROAD SUITE J BALTIMORE, MD 21236 | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $4K | — | $4K | 7.90% |
| PHILIP BUCHANAN3 | 4969 MERCANTILE ROAD SUITE J NOTTINGHAM, MD 21236 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 9.83% |
| DAVID BLOCK3 | PO BOX 1809 CHANDLER, NC 28715 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $983 | — | $983 | 3.00% |
| MWL3 | PO BOX 14067 JACKSON, MS 39236 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $364 | — | $364 | 1.11% |
| JAMES HARTLEY3 | 563 NORTHEAST BROAD STREET SOUTHERN PINES, NC 28387 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $135 | — | $135 | 0.41% |
| PHILIP BUCHANAN3 | 4969 MERCANTILE ROAD SUITE J NOTTINGHAM, MD 21236 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 9.83% |
| DAVID BLOCK3 | PO BOX 1809 CHANDLER, NC 28715 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $834 | — | $834 | 3.00% |
| MWL3 | PO BOX 14067 JACKSON, MS 39236 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $499 | — | $499 | 1.80% |
| JAMES HARTLEY3 | 563 NORTHEAST BROAD STREET SOUTHERN PINES, NC 28387 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $115 | — | $115 | 0.41% |
| PHILIP BUCHANAN3 | 4969 MERCANTILE ROAD SUITE J NOTTINGHAM, MD 21236 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $2K | — | $2K | 9.84% |
| DAVID BLOCK3 | PO BOX 1809 CHANDLER, NC 28715 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $642 | — | $642 | 3.00% |
| MWL3 | PO BOX 14067 JACKSON, MS 39236 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $385 | — | $385 | 1.80% |
| JAMES HARTLEY3 | 563 NORTHEAST BROAD STREET SOUTHERN PINES, NC 28387 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $88 | — | $88 | 0.41% |
| BENEFIT WATCH LLC3 | 4969 MERCANTILE ROAD SUITE J NOTTINGHAM, MD 21236 | ADVANTICA INSURANCE COMPANY | $520 | — | $520 | 10.00% |
| PHILIP BUCHANAN3 | 4969 MERCANTILE ROAD SUITE J NOTTINGHAM, MD 21236 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $274 | — | $274 | 9.86% |
| DAVID BLOCK3 | PO BOX 1809 CHANDLER, NC 28715 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $83 | — | $83 | 2.99% |
| MWL3 | PO BOX 14067 JACKSON, MS 39236 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $31 | — | $31 | 1.12% |
| JAMES HARTLEY3 | 563 NORTHEAST BROAD STREET SOUTHERN PINES, NC 28387 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $11 | — | $11 | 0.40% |
| BENEFIT WATCH LLC3 Filed as: BENEFIT WATCH, LLC | — | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $124 | — | $124 | 10.03% |
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 | 115 | 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) | 115 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 82 | $475K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | 87 | $57K |
| Vision(2 contracts, 2 carriers) | ADVANTICA INSURANCE COMPANY | 189 | $6K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 117 | $33K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 122 | $28K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 122 | $21K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 122 | $3K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 189 | — |
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.