| 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 | $6K | — | $6K | 4.68% |
| GAGE BENEFIT ADVISORS, INC.3 | 124 N MCDOWELL STREET CHARLOTTE, NC 28204 | PRINCIPAL LIFE INSURANCE COMPANY | $7K | — | $7K | 6.84% |
| MOSAIC GROUP SERVICES3 Filed as: MOSAIC GROUP SERVICES LLC | PO BOX 2291 DURHAM, NC 27702 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | $211 | $6K | 5.11% |
| GAGE BENEFIT ADVISORS, INC.3 | 124 N MCDOWELL STREET CHARLOTTE, NC 28204 | COMMUNITY EYE CARE | $2K | — | $2K | 10.00% |
| GAGE BENEFIT ADVISORS, INC.3 | 124 N MCDOWELL STREET CHARLOTTE, NC 28204 | 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. | — | $6K | $6K | — |
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 | 242 | 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) | 242 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | 281 | $118K |
| Dental | BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | 281 | $118K |
| Vision | COMMUNITY EYE CARE | 149 | $19K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 276 | $108K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 276 | $108K |
| Other(2 contracts, 2 carriers) | ZURICH AMERICAN INSURANCE COMPANY | 243 | $12K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 281 | — |
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.