Carolina Dealerships, Inc.
Updated Filing received by DOL
Carolina Dealerships, Inc., a professional & technical services employer in Winston-Salem, North Carolina, reported 3,500 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $2.1M in insurance premiums across 16 contracts and $718,009 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received an amended filing on November 4, 2025; the original filing date is not in the public dataset.
Who was paid on Carolina Dealerships, Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Carolina Dealerships, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Foundation Risk Partners Corp · Destin, FL | $537,870 | $0 | $537,870 | 14 |
| Aon · Chicago, IL | $131,454 | $20,468 | $151,922 | 2 |
| Custom Benefit Programs Inc · Hammonton, NJ | $27,374 | $0 | $27,374 | 1 |
| Mosaic Group Services · Durham, NC | $327 | $0 | $327 | 11 |
| Pinnacle Benefit Resources, Inc. · Pittsboro, NC | $263 | $0 | $263 | 11 |
| Richard Tharrington · Winston-Salem, NC | $0 | $253 | $253 | 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of North Carolinahealth, prescription drug, stop-loss | 3,337 | $2.1M | — | — |
| Columbian Mutual Life Insurance Co.life | 50 | — | $253 | — |
| Eyemed Vision Care on Behalf of the Fidelity Security Life Ins. Co.vision | 3,141 | — | $39,695 | — |
| Metropolitan Life Insurance Companydental, life, short-term disability, long-term disability | 5,104 | — | $558,943 | — |
| Usable Lifecoverage not coded | 36 | — | $579 | — |
| Usable Lifecoverage not coded | 7 | — | $99 | — |
| Usable Lifecoverage not coded | 1 | — | $26 | — |
| Usable Lifecoverage not coded | 1 | — | $76 | — |
| Usable Lifecoverage not coded | 4 | — | $106 | — |
| Usable Lifecoverage not coded | 3 | — | $76 | — |
| Usable Lifecoverage not coded | 7 | — | $124 | — |
| Usable Lifecoverage not coded | 11 | — | $248 | — |
| Usable Lifecoverage not coded | 20 | — | $342 | — |
| Usable Lifecoverage not coded | 7 | — | $142 | — |
| Usable Lifecoverage not coded | 1 | — | $26 | — |
| Reliastar Life Insurance Companycoverage not coded | 1,602 | — | $117,274 | — |
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 Carolina Dealerships, Inc. 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.
Not computable: no insured medical premium on the filing.
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 | 3,069 | 3,500 | +14.0% |
| Premiums filed | $1,677,970 | $2,077,517 | +23.8% |
| Broker commissions + fees | $603,596 | $718,009 | +19.0% |
| Commission rate | — | — | — |
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 |
|---|---|---|---|---|
| Carolina Dealerships, Inc. Welfare Benefit Trust Cafeteria Plan#501 · amended · insurance, trust | December 31, 2024 | November 4, 2025 | amended filing; original date not in data | 3,500 |
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 Carolina Dealerships, Inc. pay in health insurance broker commissions in 2024?
Carolina Dealerships, Inc.'s 2024 Form 5500 reports $718,009 in broker commissions and fees across 16 insurance contracts ($697,288 in commissions, $20,721 in fees), with Foundation Risk Partners Corp receiving the largest share.
Is Carolina Dealerships, Inc.'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 Blue Cross Blue Shield of North Carolina.
How does Carolina Dealerships, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Carolina Dealerships, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
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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.