| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (SE), INC | 1901 ROXBOROUGH RD STE 300 CHARLOTTE, NC 28211 | SUNLIFE LIFE ASSURANCE COMPANY OF CANADA | $90K | — | $90K | 8.59% |
| ALTERITY GROUP3 Filed as: ALTERITY GROUP LLC | 340 MADISON AVE 21ST FLOOR NEW YORK, NY 10173 | SUNLIFE LIFE ASSURANCE COMPANY OF CANADA | $55K | $17K | $73K | 6.93% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (SE) INC | 1901 ROXBOROUGH RD STE 315 CHARLOTTE, NC 28211 | METROPOLITAN LIFE INSURANCE COMPANY | $29K | $7K | $36K | 11.21% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (NC) | 1901 ROXBOROUGH ROAD STE 300 CHARLOTTE, NC 28211 | EYEMED VISION CARE | $1K | $1K | $2K | 9.15% |
| CAPITOL EMPLOYEE BENEFIT ADVISORS3 | 1901 ROXBOROUGH ROAD STE 315 CHARLOTTE, NC 28211 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $93 | — | $93 | 4.02% |
| CAPITOL EMPLOYEE BENEFIT ADVISORS3 Filed as: CAPITOL EMPLOYEE BENEFIT ADVISORS I | 1901 ROXBOROUGH ROAD STE 315 CHARLOTTE, NC 28211 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $17 | — | $17 | 1.46% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| HEALTHGRAM EIN 56-1449504 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $137K |
| CIGNA CORPORATION EIN 59-1031071 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $61K |
| CAREOPERATIVE, LLC EIN 20-8981027 CONTRACT ADMINISTRATOR | Contract Administrator Service code 13 | — | $6K |
| GARDNER WEBB EIN 56-0529972 PLAN SPONSOR | Employee (plan sponsor) Service code 35 | — | $25 |
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 | 315 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 5 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 323 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 669 | $321K |
| Vision | EYEMED VISION CARE | 461 | $26K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 669 | $321K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 669 | $321K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 669 | $321K |
| Stop-loss / reinsurancereinsurance | SUNLIFE LIFE ASSURANCE COMPANY OF CANADA | 341 | $1.0M |
| Other(3 contracts, 3 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 669 | $325K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 669 | — |
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.