| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SIGNATURE INSURANCE GROUP3 | 200 2ND STREET NW, SUITE 100 HICKORY, NC 28601 | METROPOLITAN LIFE INSURANCE COMPANY | $13K | $0 | $13K | 13.92% |
| USI INSURANCE SERVICES LLC3 | PO BOX 62819 VIRGINIA BEACH, VA 23466 | METROPOLITAN LIFE INSURANCE COMPANY | $0 | $41 | $41 | 0.04% |
| SIGNATURE INSURANCE GROUP3 | 200 2ND STREET NW, SUITE 100 HICKORY, NC 28601 | USABLE LIFE | $3K | $0 | $3K | 10.28% |
| MOSAIC GROUP SERVICES3 | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $2K | $0 | $2K | 7.11% |
| USI INSURANCE SERVICES LLC3 | 400 HIGHWAY 169 SOUTH 8TH FLOOR ST LOUIS, MN 55426 | USABLE LIFE | $486 | $0 | $486 | 1.83% |
| SIGNATURE INSURANCE GROUP3 | 200 2ND STREET NW, SUITE 100 HICKORY, NC 28601 | VISION SERVICE PLAN | $851 | $0 | $851 | 6.12% |
| USI INSURANCE SERVICES LLC3 Filed as: USI SOUTHWEST, INC. | PO BOX 203508 DALLAS, TX 75320 | VISION SERVICE PLAN | $40 | $0 | $40 | 0.29% |
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 | 210 | 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) | 210 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 282 | $95K |
| Vision | VISION SERVICE PLAN | 165 | $14K |
| Life insurance | USABLE LIFE | 248 | $27K |
| Other | USABLE LIFE | 248 | $27K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 282 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.