| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEINBURG & ASSOCIATES INC.3 | 340 S PINE ST SPARTANSBURG, SC 29302 | BLUE CROSS BLUE SHIELD OF SC | $28K | — | $28K | 2.74% |
| STEINBURG & ASSOCIATES INC.3 | 340 S PINE ST SPARTANBURG, SC 29302 | EQUITABLE LIFE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | $15K | — | $15K | 14.22% |
| IBSI HOLDINGS INC3 Filed as: IBSI HOLDINGS, INC. | 3330 HEALY DR STE 100 WINSTON-SALEM, NC 27114 | EQUITABLE LIFE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | — | $5K | $5K | 5.00% |
| MULTIPLE BROKERS (SEE APPENDIX)3 | 1392 WYNNTON RD COLUMBUS, GA 31999 | AFLAC | $10K | $36 | $11K | 18.14% |
| MULTIPLE BROKERS (SEE APPENDIX)3 | 1932 WYNNTON ROAD COLUMBUS, GA 31999 | AFLAC | $5K | $93 | $5K | 15.71% |
| STEINBERG & ASSOCIATES, INC.3 | 340 S PINE ST SPARTANBURG, SC 29302 | EYEMED VISION CARE | $1K | — | $1K | 10.05% |
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 | 150 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 155 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF SC | 112 | $1.0M |
| Dental | EQUITABLE LIFE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 150 | $102K |
| Vision | EYEMED VISION CARE | 176 | $12K |
| Life insurance | EQUITABLE LIFE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 150 | $102K |
| Short-term disability(2 contracts) | AFLAC | 39 | $93K |
| Long-term disability | EQUITABLE LIFE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | 150 | $102K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF SC | 112 | $1.0M |
| Other(2 contracts) | AFLAC | 39 | $93K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 176 | — |
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.