| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MATTAR FINANCIAL CORP3 | 5750 NEW KING STREET SUITE 310 TROY, MI 48098 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $25K | $3K | $28K | 8.54% |
| CORPORATE BENEFIT SOLUTIONS3 Filed as: CORPORATE BENEFIT SOLUTIONS, LLC | 5751 NEW KING DRIVE TROY, MI 48098 | DELTA DENTAL OF MICHIGAN | $11K | — | $11K | 4.01% |
| MATTER FINANCIAL CORP3 Filed as: MATTER FINANCIAL CORPORATION | 5750 NEW KING STREET SUITE 310 TROY, MI 48098 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $11K | $2K | $13K | 5.32% |
| CORPORATE BENEFIT SOLUTIONS3 | 5750 NEW KING STREET TROY, MI 48098 | FIDELITY | $3K | — | $3K | 9.22% |
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 | 437 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 1 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 439 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF MICHIGAN | 846 | $282K |
| Vision | FIDELITY | 732 | $38K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 648 | $569K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 648 | $329K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 648 | $329K |
| Other(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 648 | $569K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 846 | — |
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.