| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUST FUND SOLUTIONS3 | 30325 PONDSVIEW DRIVE FRANKLIN, MI 48025 | BLUE CARE NETWORK OF MICHIGAN | $36K | $3K | $38K | 1.46% |
| TRUST FUND SOLUTIONS3 Filed as: TRUST FUND SOLUTIONS, INC. | 30325 PONDSVIEW DRIVE FRANKLIN, MI 48025 | BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE | $50K | — | $50K | 2.09% |
| TRUST FUNDS SOLUTIONS, INC.3 | 30325 PONDSVIEW DRIVE FRANKLIN, MI 48025 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $7K | $10K | $17K | 3.95% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENESYS, INC. EIN 38-2383171 NONE | Copying and duplicating; Other services; Plan Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Participant communication; Contract Administrator; Direct payment from the plan; Claims processing Service code 12 | — | $553K |
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 NONE | Other investment fees and expenses; Securities brokerage; Investment advisory (plan); Securities brokerage commissions and fees; Other fees; Direct payment from the plan; Custodial (securities); Other services Service code 19 | — | $414K |
| MORGAN STANLEY SMITH BARNEY, LLC EIN 26-4310632 NONE | Securities brokerage; Securities brokerage commissions and fees; Custodial (securities); Recordkeeping fees; Other commissions; Investment advisory (plan); Investment management fees paid directly by plan; Direct payment from the plan; Other investment fees and expenses; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | — | $145K |
| DELTA DENTAL OF MICHIGAN EIN 38-1791480 NONE | Direct payment from the plan; Contract Administrator; Claims processing Service code 12 | — | $69K |
| STEFANSKY, HOLLOWAY & NICHOLS EIN 38-2388845 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $53K |
| SACHS WALDMAN PC EIN 38-1905521 NONE | Legal; Direct payment from the plan Service code 29 | — | $47K |
| MADDIN, HAUSER, ROTH & HELLER PC NONE | Legal; Direct payment from the plan Service code 29 | 28400 NORTHWESTERN HWY SOUTHFIELD, MI 48034 | $47K |
| ENVISION RX EIN 90-1011712 NONE | Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing; Direct payment from the plan; Contract Administrator Service code 12 | — | $42K |
| PNC FINANCIAL SERVICES GROUP NONE | Direct payment from the plan; Custodial (other than securities) Service code 18 | 755 W BIG BEAVER, STE 24 TROY, MI 48084 | $35K |
| ULLIANCE, INC NONE | Other services; Direct payment from the plan Service code 49 | 900 TOWER DRIVE 600 TROY, MI 48098 | $35K |
| WATKINS, PAWLICK, CALATI & PRIFTI NONE | Legal; Direct payment from the plan Service code 29 | 1423 E 12 MILE ROAD MADISON HEIGHTS, MI 48071 | $30K |
| BENDA, GRACE, STULZ & COMPANY PC EIN 38-2284921 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $19K |
| AMERICAN GRAPHICS PRINTING COMPANY EIN 38-2090931 NONE | Participant communication; Direct payment from the plan; Copying and duplicating Service code 36 | — | $15K |
| FIRST HEALTH GROUP NONE | Contract Administrator; Direct payment from the plan Service code 13 | 4371 PAYSPHERE CIRCLE CHICAGO, IL 60674 | $11K |
| LEGG MASON & COMPANY LLC NONE | Investment management; Direct payment from the plan Service code 28 | 13985 COLLECTIONS CTR DR CHICAGO, IL 60693 | $11K |
| VISION SERVICE PLAN EIN 06-1227840 NONE | Contract Administrator; Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 13 | — | $8K |
| THE SEGAL COMPANY, INC EIN 13-1975125 NONE | Consulting (general); Direct payment from the plan; Actuarial Service code 11 | — | $7K |
| BOYD WATTERSON NONE | Investment management; Investment management fees paid indirectly by plan Service code 28 | 1801 E 9TH ST, STE 1400 CLEVELAND, OH 44114 | $0 |
| CAMBIAR INVESTORS NONE | Investment management; Investment management fees paid indirectly by plan Service code 28 | PO BOX 219009 KANSAS CITY, MO 64121 | $0 |
| CLEARBRIDGE INVESTMENTS NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | 620 EIGHTH AVENUE NEW YORK, NY 10018 | $0 |
| DELAWARE INVESTMENTS NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | 2005 MARKET STREET PHILADELPHIA, PA 19103 | $0 |
| EARNEST PARTNERS NONE | Investment management; Investment management fees paid indirectly by plan Service code 28 | 1180 PEACHTREE, STE 2300 ATLANTA, GA 30309 | $0 |
| INVESCO NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | 1555 PEACHTREE, STE 1800 ATLANTA, GA 30309 | $0 |
| MASSACHUSETTS FINANCIAL SERVICES CO EIN 04-2747644 NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | — | $0 |
| PIONEER ASSET MANAGEMENT NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | PO BOX 219427 KANSAS CITY, MO 64121 | $0 |
| WESTERN ASSET MANAGEMENT NONE | Investment management; Investment management fees paid indirectly by plan Service code 28 | 385 E COLORADO BLVD PASADENA, CA 91101 | $0 |
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 | 1,145 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 718 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 18 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,881 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 617 | $5.0M |
| Prescription drug(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 617 | $5.0M |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 0 | $431K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 617 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.