| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EBENCONCEPTS COMPANY3 Filed as: EBENCONCEPTS | 921-C S MCPHERSON CHURCH RD FAYETTEVILLE, NC 28303 | IOARE/AMERICAN NATIONAL | $41K | — | $41K | 8.45% |
| EBENCONCEPTS COMPANY3 | 921-C S, MCPHERSON CHURCH ROAD FAYETTEVILLE, NC 28303 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $33K | — | $33K | 10.98% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PHP OF THE CAROLINAS EIN 26-3109108 THIRD PARTY ADMINISTRATOR | Other fees; Claims processing; Contract Administrator Service code 12 | — | $45K |
| CIGNA EIN 56-1971088 NETWORK ACCESS | Claims processing; Other fees Service code 12 | — | $41K |
| TELADOC EIN 04-3705970 TELEMEDICIN | Other fees; Claims processing Service code 12 | — | $11K |
| MEDWATCH EIN 16-1662117 UTILIZATION REVIEW | Claims processing; Other fees Service code 12 | — | $8K |
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 | 264 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 264 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 264 | $299K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 264 | $299K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 264 | $299K |
| Prescription drug | IOARE/AMERICAN NATIONAL | 185 | $489K |
| Stop-loss / reinsurancereinsurance | IOARE/AMERICAN NATIONAL | 185 | $489K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 264 | $299K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 264 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.