| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL HILL3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $18K | $0 | $18K | 4.46% |
| MICHAEL HILL3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $10K | $0 | $10K | 4.46% |
| MICHAEL HILL3 | 25 W 8TH STREET STE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $10K | $0 | $10K | 4.46% |
| EDIFY NORTH, LLC3 Filed as: EDIFY NORTH LLC | 25 W 8TH STREET SUITE 300 HOLLAND, MI 49423 | COMPANION LIFE | $4K | $0 | $4K | 5.44% |
| BENEFIT PROFILES INC3 Filed as: BENEFIT PROFILES INC. | 4500 CASCADE ROAD SE SUITE 106 GRAND RAPIDS, MI 49546 | COMPANION LIFE | $2K | $0 | $2K | 2.45% |
| AGENT ALLIANCE CORPORATION3 | 4500 CASCADE ROAD SE SUITE 106 GRAND RAPIDS, MI 49546 | COMPANION LIFE | $186 | $0 | $186 | 0.27% |
| EDIFY NORTH, LLC3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | $0 | $7K | 14.42% |
| MICHAEL HILL3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $975 | $0 | $975 | 4.47% |
| EDIFY NORTH, LLC3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $452 | $0 | $452 | 8.32% |
| MICHAEL HILL3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $236 | $0 | $236 | 8.02% |
| MICHAEL HILL3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $181 | $0 | $181 | 8.00% |
| MICHAEL HILL3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $141 | $0 | $141 | 7.99% |
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 | 279 | 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) | 279 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(7 contracts) | PRIORITY HEALTH | 121 | $861K |
| Dental | COMPANION LIFE | 73 | $68K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 215 | $49K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 215 | $49K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 215 | $49K |
| Other(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 215 | $54K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 215 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.