| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFIT SOLUTIONS INC5 Filed as: BENEFIT SOLUTIONS | PO BOX 385 TAYLORSVILLE, NC 28681 | HCC LIFE INSURANCE COMPANY | — | $273K | $273K | 5.21% |
| ADVANCED MEDICAL PRICING SOLUTIONS | PO BOX 96561 CHARLOTTE, NC 28296 | HCC LIFE INSURANCE COMPANY | — | $242K | $242K | 4.62% |
| MEDCOST BENEFIT SERVICES Filed as: MEDCOST, LLC | 3330 HEALY DR. 105 WINSTON-SALEM, NC 27103 | HCC LIFE INSURANCE COMPANY | — | $6K | $6K | 0.11% |
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 | 587 | 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) | 587 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HCC LIFE INSURANCE COMPANY | 670 | $5.2M |
| Prescription drug | HCC LIFE INSURANCE COMPANY | 670 | $5.2M |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 670 | $5.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 670 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.