| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL N THORN3 | 5722 BAYLEAF LANE GREENSBORO, NC 27455 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $12K | $4K | $15K | 46.84% |
| APRIL RICH3 | 5180 OLD GREENSBORO ROAD THOMASVILLE, NC 27360 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $14K | $559 | $15K | 46.06% |
| TRIAD BENEFITS GROUP INC3 | 200 DOLLY LANE WINSTON SALEM, NC 27107 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $2K | $1K | $3K | 9.27% |
| JOANNE K ROY3 | 5500 TURKEY OAK DRIVE MINT HILL, NC 28277 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $1K | $291 | $1K | 4.40% |
| JOHN R CHRISTIANSEN3 | 4 BRAXTON LANE THOMASVILLE, NC 27360 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $313 | — | $313 | 0.96% |
| PIERCE GROUP BENEFITS LLC Filed as: PIERCE GROUP BENEFITS, LLC | 4928 LINKSLAND DRIVE HOLLY SPRINGS, NC 27540 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $34 | — | $34 | 0.10% |
| RICHARD RAMEY Filed as: RICHARD THARRINGTON | 1053 BULLARD COURT RALEIGH, NC 27615 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $31 | — | $31 | 0.09% |
| MARSHA RUSSELL | 3182 CONSERVANCY LN CHARLESTON, SC 29414 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $16 | $0 | $16 | 0.05% |
| MICHAEL N THORN | 5722 BAYLEAF LANE GREENSBORO, NC 27455 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | — | $2K | 8.91% |
| MICHAEL N THORN | 5722 BAYLEAF LANE GREENSBORO, NC 27455 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | — | $2K | 13.94% |
| HEALTHGRAM INC3 | PO BOX 11088 CHARLOTTE, NC 28220 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | — | $2K | 15.00% |
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 | 347 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 347 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | 347 | $46K |
| Short-term disability(3 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 347 | $54K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 15 | $18K |
| Other | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | 85 | $33K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 347 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.