| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ECM BENEFITS LLC3 Filed as: ECM BENEFITS, LLC | PO BOX 12457 CHARLOTTE, NC 282092388 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | $0 | $2K | 6.80% |
| ECM BENEFITS LLC3 Filed as: ECM BENEFITS, LLC | 4000 PARK ROAD CHARLOTTE, NC 28209 | COMMUNITY EYE CARE A VSP COMPANY | $186 | $0 | $186 | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ACS BENEFIT SERVICES, LLC ADMIN | Claims processing Service code 12 | 5660 UNIVERSITY PARKWAY 5TH FLOOR WINSTON-SALEM, NC 27105 | $7K |
| ECM SOLUTIONS BROKER | Insurance agents and brokers Service code 22 | 4000 PARK ROAD CHARLOTTE, NC 28209 | $3K |
| THE BENECON GROUP, LLC EIN 23-1315351 BROKER | Insurance agents and brokers Service code 22 | — | $3K |
| CONNECTCARE 3 EIN 26-1768616 PATIENT ADVOCATE | Other services Service code 49 | — | $622 |
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 | 68 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 70 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 120 | $24K |
| Vision | COMMUNITY EYE CARE A VSP COMPANY | 83 | $2K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 120 | $24K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 120 | $24K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 120 | $24K |
| Stop-loss / reinsurancereinsurance | EVEREST REINSURANCE COMPANY | 42 | $32K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 120 | $24K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 120 | — |
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.