| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ECM BENEFITS LLC3 | 4000 PARK RD CHARLOTTE, NC 28209 | PRINCIPAL LIFE INSURANCE COMPANY | $14K | $951 | $15K | 9.01% |
| NATIONAL ENROLLMENT PARTNERS LLC3 Filed as: NATIONAL ENROLLMENT PARTNERS | 2000 CHAPEL VIEW BLVD, STE 240 CRANSTON, RI 02920 | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $5K | $5K | 2.68% |
| SHEALY BENEFITS SERVICES INC3 | 215 HOGAN WAY LEXINGTON, SC 29072 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | $0 | $4K | 2.11% |
| MOSAIC GROUP SERVICES3 Filed as: MOSAIC GROUP SERVICES LLC | PO BOX 2291 DURHAM, NC 27702 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | $932 | $3K | 1.96% |
| ECM BENEFITS LLC3 Filed as: ECM SOLUTIONS | PO BOX 12457 CHARLOTTE, NC 28220 | EYEMED VISION CARE | $1K | $0 | $1K | 10.00% |
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 | 111 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 111 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 185 | $168K |
| Vision | EYEMED VISION CARE | 92 | $10K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 185 | $168K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 185 | $168K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 185 | $168K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 185 | $168K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 185 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.