| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASR HEALTH BENEFITS3 | P.O. BOX 6392 GRAND RAPIDS, MI 495166392 | SYMETRA | $105K | — | $105K | 19.00% |
| ASR HEALTH BENEFITS3 | PO BOX 6392 GRAND RAPIDS, MI 495166392 | AIG | $5K | — | $5K | 10.00% |
| JAMES M HUGHES3 | 5380 CASCADE RD SE GRAND RAPIDS, MI 49546 | COMPANION LIFE INSURANCE COMPANY | $3K | — | $3K | 8.39% |
| BENEFIT PROFILES INC3 | 4500 CASCADE ROAD SE STE 106 GRAND RAPIDS, MI 49546 | COMPANION LIFE INSURANCE COMPANY | $2K | — | $2K | 4.18% |
| JAMES M HUGHES3 Filed as: JAMES M. HUGHES | 5380 CASCADE ROAD SE, SUITE 300 GRAND RAPIDS, MI 495469047 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $4K | — | $4K | 15.00% |
| COLLINS & ASSOCIATES CORP3 Filed as: COLLINS AND ASSOCIATES CORP | 5075 CASCADE ROAD SE GRAND RAPIDS, MI 495463751 | FEDERAL INSURANCE COMPANY | $512 | $121 | $633 | 18.55% |
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 | 219 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 219 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | COMPANION LIFE INSURANCE COMPANY | 331 | $67K |
| Stop-loss / reinsurancereinsurance | SYMETRA | 219 | $551K |
| Other(4 contracts, 4 carriers) | AIG | 331 | $118K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 331 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.