| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JOHNNY HUNEYCUTT3 | P.O. BOX 520 BADIN, NC 28009 | BLUE CROSS BLUE SHILED OF SOUTH CAROLINA | $47K | — | $47K | 3.99% |
| ROBERT E LOWDER3 | 9747 PINE TREE RD NORWOOD, NC 281286445 | PRINCIPLE LIFE INSURANCE COMPANY | $6K | — | $6K | 6.23% |
| JOHNNY C HUNEYCUTT3 Filed as: JOHNNY C HONEYCUTT | PO BOX 520 BADIN, NC 28009 | PRINCIPLE LIFE INSURANCE COMPANY | $6K | — | $6K | 6.23% |
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 | 125 | 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) | 125 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHILED OF SOUTH CAROLINA | 124 | $1.2M |
| Dental | PRINCIPLE LIFE INSURANCE COMPANY | 301 | $93K |
| Vision | PRINCIPLE LIFE INSURANCE COMPANY | 301 | $93K |
| Life insurance | PRINCIPLE LIFE INSURANCE COMPANY | 301 | $93K |
| Prescription drug | BLUE CROSS BLUE SHILED OF SOUTH CAROLINA | 124 | $1.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 301 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.