| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| REBECCA E TOBIAS3 | PO BOX 5619 SAGINAW, MI 486030619 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $12K | $14K | $26K | 6.52% |
| E.A. BECKER & ASSOCIATES INC3 Filed as: E.A. BECKER & ASSOCIATES, INC. | 1750 TITTABAWASSEE SAGINAW, MI 48603 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $0 | $369 | $369 | 0.09% |
| E.A. BECKER & ASSOCIATES INC3 Filed as: E.A. BECKER & ASSOCIATES INC. | PO BOX 5619 SAGINAW, MI 486030619 | VISION SERVICE PLAN INSURANCE COMPANY | $555 | $0 | $555 | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MI EIN 38-2069753 TPA | Other fees; Float revenue; Consulting (general); Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Insurance services; Contract Administrator; Claims processing; Non-monetary compensation Service code 12 | — | $71K |
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 | 80 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 80 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 215 | $405K |
| Dental | BLUE CROSS BLUE SHIELD OF MICHIGAN | 215 | $405K |
| Vision | VISION SERVICE PLAN INSURANCE COMPANY | 51 | $11K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 215 | $405K |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 215 | $405K |
| 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."
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.