| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUNLAND FINANCIAL SERVICES LL3 Filed as: SUNLAND FINANCIAL SERVICES, LLC | PO BOX 2669 GREENVILLE, NC 27836 | USABLE LIFE | $34K | — | $34K | 12.91% |
| MOSAIC GROUP SERVICES3 | PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $21K | — | $21K | 7.91% |
| KATHRYN D KETTER3 Filed as: KATHRYN D. KETTER | 118 LEES CUT WRIGHTSVILLE BEACH, NC 28480 | COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY | $20K | — | $20K | 12.82% |
| BENEFITS COUNT INC3 Filed as: BENEFITS COUNT II, INC. | 1401 CHRISTMAS CT. RALEIGH, NC 27604 | COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY | $2K | $151 | $2K | 1.21% |
| ARTHUR WAYNE JORDAN JR3 Filed as: ARTHUR WAYNE JORDAN JR. | 514 OAKWOOD AVE. RALEIGH, NC 27601 | COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY | $862 | $322 | $1K | 0.78% |
| KRISTEN BIBLE3 | 5461 TRALEE PL. RALEIGH, NC 27609 | COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY | $955 | — | $955 | 0.63% |
| BARRETT L PATTERSON3 Filed as: BARRETT L. PATTERSON | 1522 DELLWOOD DR RALEIGH, NC 27607 | COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY | $696 | — | $696 | 0.46% |
| MY WAY OF WAKE COUNTY, INC.3 | 124 CHATTERSON DR. RALEIGH, NC 27615 | COLONIAL LIFE AND ACCIDENT INSURANCE COMPANY | $87 | — | $87 | 0.06% |
| SUNLAND FINANCIAL SERVICES LL3 Filed as: SUNLAND FINANCIAL SERVICES, LLC | PO BOX 2669 GREENVILLE, NC 27836 | USABLE LIFE | $38 | — | $38 | 5.19% |
| MOSAIC GROUP SERVICES3 | PO BOX PO BOX 2291 DURHAM, NC 27702 | USABLE LIFE | $32 | — | $32 | 4.37% |
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 | 349 | 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) | 350 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BERKLEY LIFE AND HEALTH INSURANCE COMPANY | 349 | $372K |
| Life insurance | USABLE LIFE | 257 | $265K |
| Long-term disability | USABLE LIFE | 257 | $265K |
| Stop-loss / reinsurancereinsurance | BERKLEY LIFE AND HEALTH INSURANCE COMPANY | 349 | $372K |
| Other(3 contracts, 2 carriers) | USABLE LIFE | 257 | $418K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 349 | — |
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.