| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HUFFMAN & ASSOCIATES, INC.3 Filed as: HUFFMAN AND ASSOCIATES | — | BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA | $51K | — | $51K | 3.65% |
| HUFFMAN & ASSOCIATES, INC.3 Filed as: HUFFMAN AND ASSOCIATES | PO BOX 8873 GREENVILLE, SC 29604 | COMPANION LIFE INSURANCE COMPANY | $2K | — | $2K | 4.00% |
| BLUE CROSS BLUE SHIELD OF FLORIDA3 Filed as: BCBS OF SC | I- APLINE DRIVE COLUMBIA, SC 29219 | COMPANION LIFE INSURANCE COMPANY | $1K | — | $1K | 2.00% |
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 | 259 | 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. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 259 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA | 181 | $1.4M |
| Life insurance | COMPANION LIFE INSURANCE COMPANY | 259 | $60K |
| Other | COMPANION LIFE INSURANCE COMPANY | 259 | $60K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 259 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.