| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| INSURANCE MARKETING CORPORATION3 Filed as: INSURANCE MARKETING CORP. | 7845 25 MILE ROAD STE 102 SHELBY TOWNSHIP, MI 48316 | BLUE CARE NETWORK OF MICHIGAN | $55K | — | $55K | 5.40% |
| INSURANCE MARKETING CORPORATION3 Filed as: INSURANCE MARKETING CORP. | 7845 25 MILE ROAD STE 102 SHELBY TOWNSHIP, MI 48316 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $8K | — | $8K | 5.03% |
| INSURANCE MARKETING CORPORATION3 Filed as: INSURANCE MARKETING CORP. | 7845 25 MILE ROAD STE 102 SHELBY TOWNSHIP, MI 48316 | HARTFORD LIFE AND ACCIDENT | $15K | — | $15K | 12.00% |
| KL JOINER & ASSOCIATES Filed as: KL JOINER & ASSOCIATES INC | 7845 25 MILE ROAD STE 102 SHELBY TOWNSHIP, MI 48316 | AETNA LIFE INSURANCE | $7K | — | $7K | 5.34% |
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 | 102 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 102 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 150 | $1.2M |
| Dental | AETNA LIFE INSURANCE | 175 | $123K |
| Vision | AETNA LIFE INSURANCE | 175 | $123K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 135 | $128K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 135 | $128K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 150 | $1.2M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 175 | — |
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.