| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HAROLD W WELLS & SONS INC3 Filed as: HAROLD W WELLS & SON INC | 1 N 3RD ST WILMINGTON, NC 28401 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $13K | — | $13K | 10.00% |
| WARD INSURANCE AGENCY INC3 Filed as: WARD SERVICES INC | 4500 FORT JACKSON BLVD SUITE 350 COLUMBIA, SC 29209 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $13K | — | $13K | 10.00% |
| HAROLD W WELLS & SONS INC3 | 1 N 3RD STREET WILMINGTON, NC 28401 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $8K | — | $8K | 10.00% |
| WARD INSURANCE AGENCY INC3 Filed as: WARD SERVICES INC | 4500 FT JACKSON BLVD SUITE 350 COLUMBIA, SC 29209 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $8K | — | $8K | 10.00% |
| HAROLD W WELLS & SONS INC3 | 1 N 3RD ST WILMINGTON, NC 28401 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $6K | — | $6K | 10.00% |
| HAROLD W WELLS & SONS INC3 | PO BOX 2320 WILMINGTON, NC 28402 | COMMUNITY EYE CARE | $4K | — | $4K | 12.00% |
| HAROLD W WELLS & SONS INC3 | 1 N 3RD ST WILMINGTON, NC 28401 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $1K | — | $1K | 10.00% |
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 | 265 | 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) | 265 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | COMMUNITY EYE CARE | 311 | $33K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 265 | $60K |
| Short-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 265 | $76K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 265 | $131K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 265 | $10K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 311 | — |
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.