| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUNLAND FINANCIAL SERVICES LL3 | PO BOX 2669 GREENVILLE, NC 27836 | USABLE LIFE | $9K | — | $9K | 10.00% |
| MOSAIC GROUP SERVICES3 | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $5K | — | $5K | 5.00% |
| SUNLAND FINANCIAL SERVICES LL3 | PO BOX 2669 GREENVILLE, NC 27836 | USABLE LIFE | $13K | — | $13K | 15.00% |
| MOSAIC GROUP SERVICES3 | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $8K | — | $8K | 10.00% |
| SEE ATTACHED3 Filed as: SEE ATTACHED COMMISSION LIST | — | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $16K | $433 | $16K | 20.74% |
| SUNLAND FINANCIAL SERVICES LL3 | PO BOX 2669 GREENVILLE, NC 27836 | USABLE LIFE | $9K | — | $9K | 15.00% |
| MOSAIC GROUP SERVICES3 | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $6K | — | $6K | 10.00% |
| SEE ATTACHED3 Filed as: SEE ATTACHED COMMISSION LIST | — | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $3K | $221 | $4K | 14.16% |
| SEE ATTACHED3 Filed as: SEE ATTACHED COMMISSION LIST | — | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $4K | $65 | $4K | 19.16% |
| SEE ATTACHED3 Filed as: SEE ATTACHED COMMISSION LIST | — | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $2K | $102 | $2K | 12.34% |
| SUNLAND FINANCIAL SERVICES LL3 | PO BOX 2669 GREENVILLE, NC 27836 | USABLE LIFE | $2K | — | $2K | 10.00% |
| MOSIAC GROUP SERVICES3 | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $786 | — | $786 | 5.00% |
| SEE ATTACHED3 Filed as: SEE ATTACHED COMMISSION LIST | — | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $2K | $68 | $2K | 21.03% |
| SEE ATTACHED3 Filed as: SEE ATTACHED COMMISSION LIST | — | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $2K | $150 | $2K | 18.48% |
| SEE ATTACHED3 Filed as: SEE ATTACHED COMMISSION LIST | — | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $433 | $29 | $462 | 31.56% |
| SUNLAND FINANCIAL SERVICES LL3 | PO BOX 2669 GREENVILLE, NC 27836 | USABLE LIFE | $91 | — | $91 | 7.40% |
| MOSAIC GROUP SERVICES3 | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $63 | — | $63 | 5.13% |
| COURTNEY JUSTICE3 | 163 CREECH PLACE DRIVE BENSON, NC 27504 | USABLE LIFE | $4 | — | $4 | 0.33% |
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 | 298 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 299 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BERKLEY LIFE AND HEALTH INSURANCE COMPANY | 0 | $336K |
| Life insurance | USABLE LIFE | 276 | $16K |
| Long-term disability | USABLE LIFE | 190 | $95K |
| Stop-loss / reinsurancereinsurance | BERKLEY LIFE AND HEALTH INSURANCE COMPANY | 0 | $336K |
| Other(11 contracts, 2 carriers) | USABLE LIFE | 276 | $325K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 276 | — |
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.