| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BROOK B. PADGETT3 | 200 2ND STREET NW, SUITE 100 HICKORY, NC 28602 | BLUE CROSS AND BLUE SHIELD NORTH CAROLINA | $26K | $0 | $26K | 2.89% |
| REID GARDNER AGENCY, INC3 Filed as: REID GARDNER AGNY DBA GARDNER GROUP | 4046 GOLF DRIVE CONOVER, NC 28613 | METROPOLITAN LIFE INSURANCE COMPANY | $9K | $0 | $9K | 13.39% |
| SIGNATURE INSURANCE GROUP3 Filed as: SIGNATURE INS GRP DBA GARDNER GROUP | 200 2ND STREET NW, SUITE 100 HICKORY, NC 28601 | METROPOLITAN LIFE INSURANCE COMPANY | $951 | $0 | $951 | 1.42% |
| SIGNATURE INSURANCE GROUP3 | 200 2ND STREET NW, SUITE 100 HICKORY, NC 28601 | USABLE LIFE | $2K | $0 | $2K | 8.16% |
| MOSAIC GROUP SERVICES3 | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $1K | $0 | $1K | 7.22% |
| REID GARDNER AGENCY, INC3 Filed as: REID GARDNER AGENCY INC | 2329 SPRINGS ROAD NE HICKORY, NC 28601 | USABLE LIFE | $803 | $0 | $803 | 4.06% |
| REID GARDNER AGENCY, INC3 Filed as: REID GARDNER AGENCY INC | 2329 SPRINGS ROAD NE HICKORY, NC 28601 | VISION SERVICE PLAN | $396 | $0 | $396 | 4.05% |
| SIGNATURE INSURANCE GROUP3 Filed as: SIGNATURE INS GRP DBA GARDNER GROUP | 200 2ND STREET NW, SUITE 100 HICKORY, NC 28601 | VISION SERVICE PLAN | $342 | $0 | $342 | 3.50% |
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 | 268 | 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) | 268 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD NORTH CAROLINA | 210 | $913K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 268 | $67K |
| Vision | VISION SERVICE PLAN | 121 | $10K |
| Life insurance | USABLE LIFE | 207 | $20K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD NORTH CAROLINA | 210 | $913K |
| Other | USABLE LIFE | 207 | $20K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 268 | — |
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."
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.