Form 5500 · Employee benefit plan · PITTSBORO, NC
GALLOWAY RIDGE, INC.
The filing calls this plan GALLOWAY RIDGE, INC. WELFARE BENEFITS PLAN.
GALLOWAY RIDGE, INC. of PITTSBORO, NC files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is MARSH & MCLENNAN AGENCY LLC. Coverage is written through BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA and 3 other carriers. The plan's most recent policy period ended in August.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 56-2277623 · plan 501 · plan year 2025, filed Dec 29, 2025
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How this plan is funded
Funding not settled by the filing
The filing does not report enough to settle how this plan pays for benefits.
Benefits declared on this filing
Also declared: other welfare.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 4 insured contracts covering health, dental, vision, life and disability; the largest, with BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA, covers 318 people.
Reported premium across the insured contracts is $339,970, with $25,535 in disclosed broker commissions — about 7.5% of premium.
The most recent policy period ended in August, and the plan year ends August 31. Group contracts typically renew on that annual cycle.
MARSH & MCLENNAN AGENCY LLC is the broker of record on 2 of the 4 contracts; the rest name a different broker or none.
4 carriers appear on the filing, including BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA, HARTFORD LIFE AND ACCIDENT, CONTINENTAL AMERICAN INSURANCE COMPANY and TELADOC HEALTH, INC.. BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| HARTFORD LIFE AND ACCIDENT | Life, Disability | 240 | Sep 1, 2025 | $151,512 | $19,491 |
| CONTINENTAL AMERICAN INSURANCE COMPANY | — | 28 | Sep 1, 2025 | $22,236 | $2,459 |
| TELADOC HEALTH, INC. | Health | 192 | Sep 1, 2025 | $13,668 | $2,050 |
| BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA | Dental, Vision | 318 | Sep 1, 2025 | $152,554 | $1,535 |
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. We publish company names only.
Other plans filed by this employer
How this plan compares
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