| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL C WALKER3 Filed as: MICHAEL G BUCK | 38223 MOUND ROAD BUILDING F STERLING HEIGHTS, MI 48310 | BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE | $70K | — | $70K | 2.52% |
| JOHN E PULKER3 | 30325 PONSVIEW DR FRANKLIN, MI 48025 | BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE | $24K | — | $24K | 0.85% |
| MICHAEL C WALKER3 Filed as: MICHAEL G. BUCK | 38223 MOUND RD. BUILDING F STERLING HEIGHTS, MI 48310 | BLUE CARE NETWORK OF MICHIGAN | $46K | — | $46K | 1.80% |
| MICHAEL C WALKER3 Filed as: MICHAEL G BUCK | 38223 MOUND RD. BLDG F STERLING HEIGHTS, MI 48310 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $31K | — | $31K | 3.55% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BENESYS, INC. EIN 38-2383171 NONE | Copying and duplicating; Recordkeeping and information management (computing, tabulating, data processing, etc.); Participant communication; Direct payment from the plan; Claims processing; Plan Administrator; Contract Administrator; Other services Service code 12 | — | $521K |
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Consulting (general); Claims processing; Float revenue; Other fees; Contract Administrator; Insurance services Service code 12 | — | $463K |
| MORGAN STANLEY SMITH BARNEY, LLC EIN 26-4310632 NONE | Investment management fees paid directly by plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Securities brokerage commissions and fees; Securities brokerage; Consulting fees; Investment advisory (plan); Direct payment from the plan; Other commissions; Custodial (securities); Other investment fees and expenses Service code 15 | — | $93K |
| WATKINS, PAWLICK, CALATI, PRIFTI EIN 83-2893229 NONE | Legal; Direct payment from the plan Service code 29 | — | $86K |
| DELTA DENTAL OF MICHIGAN EIN 38-1791480 NONE | Claims processing; Contract Administrator; Direct payment from the plan Service code 12 | — | $80K |
| STEFANSKY HOLLOWAY NICHOLS EIN 38-2388845 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $79K |
| ULINANCE, INC. NONE | Other services; Direct payment from the plan Service code 49 | 900 TOWER DRIVE 600 TROY, MI 480980000 | $36K |
| PNC FINANCIAL SERVICES GROUP NONE | Custodial (other than securities); Direct payment from the plan Service code 18 | 755 W BIG BEAVER, STE 24 TROY, MI 48084 | $36K |
| BENDA, GRACE, STULZ & COMPANY, P.C. EIN 38-2284921 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $20K |
| VISION SERVICE PLAN EIN 06-1227840 NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator Service code 13 | — | $16K |
| AMERICAN GRAPHICS PRINTING COMPANY EIN 38-2090931 NONE | Participant communication; Copying and duplicating; Direct payment from the plan Service code 36 | — | $9K |
| MADDIN, HAUSER, ROTH & HELLER PC EIN 38-3024220 NONE | Legal; Direct payment from the plan Service code 29 | — | $8K |
| THE SEGAL COMPANY, INC EIN 13-1975125 NONE | Actuarial; Direct payment from the plan; Consulting (general) Service code 11 | — | $8K |
| LEGG MASON & COMPANY, LLC NONE | Direct payment from the plan; Investment management Service code 28 | 13985 COLLECTIONS CTR DR CHICAGO, IL 606930139 | $5K |
| ARISTOTLE FUNDS NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | 235 W GALENA STREET MILWAUKEE, WI 53212 | $0 |
| 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 |
| CLEARBRIDGE INVESTMENTS NONE | Investment management; Investment management fees paid indirectly by plan Service code 28 | 620 EIGHTH AVENUE NEW YORK, NY 10018 | $0 |
| COHEN & STEERS NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | 280 PARK AVE, 10 TH FLOOR NEW YORK, NY 10017 | $0 |
| EARNEST PARTNERS NONE | Investment management fees paid indirectly by plan; Investment management Service code 28 | 1180 PEACHTREE, STE 2300 ATLANTA, GA 30309 | $0 |
| MASSACHUSETTS FINANCIAL SERVICES CO EIN 04-2747644 NONE | Investment management; Investment management fees paid indirectly by plan 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 |
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 | 1,191 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 751 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 18 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 1,960 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE | 945 | $5.4M |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE | 945 | $5.4M |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 1,009 | $868K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,009 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.