| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC3 | PO BOX 220948 CHARLOTTE, NC 28222 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $78K | $4K | $82K | 16.44% |
| USI INSURANCE SERVICES LLC3 | 6400 FAIRVIEW ROAD CHARLOTTE, NC 28210 | AMERITAS LIFE INSURANCE CORPORATION | $17K | $0 | $17K | 6.47% |
| IBSI HOLDINGS INC3 Filed as: IBSI HOLDINGS, INC. | PO BOX 24337 WINSTON SALEM, NC 27114 | AMERITAS LIFE INSURANCE CORPORATION | $13K | $0 | $13K | 5.00% |
| CAMERON M. HARRIS AND COMPANY3 Filed as: CAMERON M. HARRIS AND COMPANY, LLC | 6400 FAIRVIEW ROAD CHARLOTTE, NC 28210 | AMERITAS LIFE INSURANCE CORPORATION | $9K | $0 | $9K | 3.53% |
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 | 1,027 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 43 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,073 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | AMERITAS LIFE INSURANCE CORPORATION | 1,584 | $257K |
| Vision | VISION SERVICE PLAN | 700 | $68K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,027 | $498K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,027 | $498K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,027 | $498K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,027 | $498K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,584 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.