| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BANYAN CONSULTING GROUP INC3 | 333 N GREEN ST STE 101 GREENSBORO, NC 27401 | UNION SECURITY INSURANCE COMPANY | $4K | $1K | $5K | 2.51% |
| THE SUTHERLAND BENEFIT GROUP3 | PO BOX 10347 GREENSBORO, NC 27404 | UNION SECURITY INSURANCE COMPANY | $4K | — | $4K | 1.65% |
| BANYAN CONSULTING GROUP INC3 | 333 N GREEN ST STE 101 GREENSBORO, NC 27401 | UNION SECURITY INSURANCE COMPANY | $30K | $5K | $35K | 17.86% |
| THE SUTHERLAND BENEFIT GROUP3 | PO BOX 10347 GREENSBORO, NC 27404 | UNION SECURITY INSURANCE COMPANY | $3K | $0 | $3K | 1.36% |
| BANYAN CONSULTING GROUP INC3 | 333 N GREEN ST STE 101 GREENSBORO, NC 27401 | UNION SECURITY INSURANCE COMPANY | $28K | $5K | $34K | 21.16% |
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 | 842 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 842 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | UNION SECURITY INSURANCE COMPANY | 838 | $198K |
| Life insurance | UNION SECURITY INSURANCE COMPANY | 104 | $218K |
| Other(2 contracts) | UNION SECURITY INSURANCE COMPANY | 104 | $377K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 838 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.