No brokers reported on this filing.
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC EIN 20-8764829 NONE KNOWN | Direct payment from the plan; Investment advisory (plan); Other investment fees and expenses Service code 27 | — | $68K |
| REINHART PARTNERS, INC. EIN 39-1711628 NONE KNOWN | Investment management; Soft dollars commissions; Investment management fees paid directly by plan; Direct payment from the plan Service code 28 | — | $58K |
| BENESYS INC. EIN 38-2383171 NONE KNOWN | Recordkeeping and information management (computing, tabulating, data processing, etc.); Plan Administrator; Contract Administrator; Recordkeeping fees; Other fees; Copying and duplicating; Direct payment from the plan Service code 13 | — | $47K |
| LOOMIS, SAYLES & COMPANY, LP EIN 04-3200030 NONE KNOWN | Investment management; Investment management fees paid directly by plan; Direct payment from the plan Service code 28 | — | $44K |
| MILLIMAN INC. EIN 91-0675641 NONE KNOWN | Consulting (general); Actuarial; Consulting fees; Direct payment from the plan Service code 11 | — | $39K |
| SAGE ADVISORY SERVICES, LTD. CO. EIN 74-2798841 NONE KNOWN | Direct payment from the plan; Investment management fees paid directly by plan; Investment management Service code 28 | — | $39K |
| CIGNA HEALTH AND LIFE INS. CO. EIN 06-0303370 NONE KNOWN | Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Direct payment from the plan; Claims processing Service code 12 | — | $30K |
| WALSH & COMPANY, PC EIN 38-2030285 NONE KNOWN | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $29K |
| HAMLIN CAPITAL MANAGEMENT, LLC EIN 52-2344187 NONE KNOWN | Investment management; Direct payment from the plan; Investment management fees paid directly by plan; Soft dollars commissions Service code 28 | — | $24K |
| COMERICA BANK EIN 42-1741646 INSTITUTIONAL TRUSTEE | Custodial (securities); Float revenue; Direct payment from the plan; Trustee (bank, trust company, or similar financial institution); Other services; Shareholder servicing fees; Other investment fees and expenses; Custodial (other than securities) Service code 18 | — | $16K |
| VISION SERVICE PLAN EIN 06-1227840 NONE KNOWN | Contract Administrator; Claims processing; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 12 | — | $8K |
| WATKINS, PAWLICK, CALATI, & PRIFTI EIN 83-2893229 NONE KNOWN | Legal; Direct payment from the plan Service code 29 | — | $7K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 493 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 493 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 688 | $2.7M |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 688 | $2.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 688 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Filing reports zero broker compensation on a plan over 100 participants. Likely direct-write or unreported — worth a knock.