| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GASTON H GAGE JR3 Filed as: GASTON H GAGE, JR. | 124 N MCDOWELL STREET CHARLOTTE, NC 28204 | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | $69K | — | $69K | 4.36% |
| GAGE BENEFIT ADVISORS, INC.3 Filed as: GAGE BENEFIT ADVISORS INC. | 525 N. TRYON STREET, SUITE 1800 CHARLOTTE, NC 28202 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $8K | — | $8K | 10.00% |
| GAGE BENEFIT ADVISORS, INC.3 Filed as: GAGE BENEFIT ADVISORS INC. | 6115 PARK SOUTH DRIVE, SUITE 330 CHARLOTTE, NC 28210 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $12K | — | $12K | 15.00% |
| GAGE BENEFIT ADVISORS, INC.3 Filed as: GAGE BENEFIT ADVISORS INC. | 525 N. TRYON STREET, SUITE 1800 CHARLOTTE, NC 28202 | ZURICH AMERICAN INSURANCE COMPANY | $2K | — | $2K | 15.00% |
| MCLAUGHLIN YOUNG EMPLOYEE SERVICES3 | 5925 CARNEGIE BLVD. SUITE 350 CHARLOTTE, NC 28209 | MCLAUGHLIN YOUNG EMPLOYEE SERVICES, INC. | — | $5K | $5K | — |
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 | 203 | 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) | 203 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | 356 | $1.6M |
| Dental | RELIANCE STANDARD LIFE INSURANCE COMPANY | 239 | $84K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 203 | $79K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 203 | $79K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | 356 | $1.6M |
| Other(3 contracts, 3 carriers) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 204 | $91K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 356 | — |
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.