Blue Cross and Blue Shield of North Carolina
Updated Filing received by DOL
Blue Cross and Blue Shield of North Carolina, a finance & insurance employer in Durham, North Carolina, reported 6,691 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $592,188 in insurance premiums across 13 contracts and $625,953 in broker commissions and fees, 7.0% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 15, 2025, within the extension window.
Who was paid on Blue Cross and Blue Shield of North Carolina's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Blue Cross and Blue Shield of North Carolina filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Lockton · Dallas, TX | $183,044 | $90,129 | $273,173 | 11 |
| Mosaic Group Services · Durham, NC | $154,656 | $0 | $154,656 | 1 |
| Megan R Silverman · Fallston, MD | $53,524 | $15,591 | $69,115 | 3 |
| E Powered Benefits LLC · Mooresville, NC | $53,524 | $0 | $53,524 | 3 |
| Amwins · Charlotte, NC | $41,453 | $0 | $41,453 | 1 |
| David McClennan · Reinholds, PA | $0 | $13,810 | $13,810 | 1 |
| David J McClellan · Reinholds, PA | $0 | $10,348 | $10,348 | 1 |
| David McClellan · Reinholds, PA | $7,273 | $2,601 | $9,874 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Companion Life Ins Cohealth, stop-loss | 319 | $592,188 | $41,453 | 7.0% |
| Blue Cross and Blue Shield of North Carolinavision | 4,964 | — | — | — |
| Carelon Behavioral Health Inccoverage not coded | 5,625 | — | — | — |
| Federal Insurance Companycoverage not coded | 5,652 | — | — | — |
| Lincoln National Life Insurance Companylife | 6,774 | — | $154,656 | — |
| Lincoln National Life Insurance Companylong-term disability | 5,613 | — | $86,137 | — |
| Reliance Standardcoverage not coded | 5,671 | — | $8,301 | — |
| Reliance Standardlife | 6,819 | — | $121,136 | — |
| Reliance Standardlong-term disability | 5,543 | — | $55,258 | — |
| Reliance Standardcoverage not coded | 2,006 | — | $2,341 | — |
| Starmount Life Insurance Companydental, vision | 313 | — | $71,668 | — |
| Unum Insurance Companycoverage not coded | 56 | — | $25,297 | — |
| Unum Life Insurance Company of Americalife, short-term disability, long-term disability | 466 | — | $59,706 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Blue Cross and Blue Shield of North Carolina compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Premium per covered person on medical contracts: $1,856 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 6,499 | 6,691 | +3.0% |
| Premiums filed | $0 | $592,188 | — |
| Broker commissions + fees | $293,943 | $625,953 | +113.0% |
| Commission rate | — | 7.0% | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Blue Cross and Blue Shield of North Carolina Welfare Benefit Plan#513 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 6,691 |
| Carolina Biological Supply Company Employee Benefit Plan#501 · amended · insurance, general assets | May 31, 2025 | June 18, 2026 | amended filing; original date not in data | 450 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Blue Cross and Blue Shield of North Carolina pay in health insurance broker commissions in 2024?
Blue Cross and Blue Shield of North Carolina's 2024 Form 5500 reports $625,953 in broker commissions and fees across 13 insurance contracts ($493,474 in commissions, $132,479 in fees), with Lockton receiving the largest share.
Is Blue Cross and Blue Shield of North Carolina's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Companion Life Ins Co.
How does Blue Cross and Blue Shield of North Carolina's broker compensation compare with similar employers?
Blue Cross and Blue Shield of North Carolina paid 7.0% of medical premium in commissions and fees. The median for employers with 5,000+ participants is 4.8%, and the median in North Carolina is 4.5%. Percentages are computed only on fully insured medical contracts with filed premiums.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.