| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JEFFREY BILOT3 | 25 W 8TH STREET SUITE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $29K | $0 | $29K | 3.19% |
| JEFFREY BILOT2 | 25 W 8TH ST SUITE 300 HOLLAND, MI 49423 | PRIORITY HEALTH | $12K | $0 | $12K | 1.31% |
| EDIFY NORTH, LLC3 Filed as: EDIFY NORTH LLC | PO BOX 2039 HOLLAND, MI 49422 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $0 | $3K | 4.11% |
| EDIFY NORTH, LLC3 Filed as: EDIFY NORTH LLC | 25 W 8TH ST SUITE 300 HOLLAND, MI 49423 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $10K | $0 | $10K | 16.10% |
| JEFFREY BILOT2 | 25 W 8TH ST SUITE 300 HOLLAND, MI 49423 | PRIORITY HEALTH INSURANCE COMPANY | $392 | $0 | $392 | 5.44% |
| JEFFREY BILOT3 | 25 W 8TH STREET SUITE 300 HOLLAND, MI 49423 | PRIORITY HEALTH INSURANCE COMPANY | $133 | $0 | $133 | 1.84% |
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 | 273 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 11 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 285 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | PRIORITY HEALTH | 269 | $913K |
| Dental | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 88 | $71K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 179 | $63K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 179 | $63K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 179 | $63K |
| Prescription drug(2 contracts, 2 carriers) | PRIORITY HEALTH | 269 | $913K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 179 | $63K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 269 | — |
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.