| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JFP BENEFIT MANAGEMENT INC3 | 100 S JACKSON STREET SUITE 200 JACKSON, MI 49204 | UNUM | $7K | $0 | $7K | 0.16% |
| JFP BENEFIT MANAGEMENT INC3 | 100 S JACKSON STREET SUITE 200 JACKSON, MI 49204 | UNUM | $6K | $0 | $6K | 12.77% |
| THE JAMES B OSWALD COMPANY3 Filed as: JAMES F PICKFORD | PO BOX 189 JACKSON, MI 492040189 | BLUE CROSS AND BLUE SHIELD OF MICHIGAN | $7K | $1K | $8K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 TPA | Float revenue; Consulting (general); Other fees; Claims processing; Insurance services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Contract Administrator Service code 12 | 600 E LAFAYETTE BLVD DETROIT, MI 482262998 | $99K |
| JAMES F PICKFORD TPA | Other fees; Other commissions; Insurance agents and brokers; Insurance brokerage commissions and fees; Non-monetary compensation Service code 22 | PO BOX 189 JACKSON, MI 492040189 | $21K |
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 | 138 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 10 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 148 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF MICHIGAN | 116 | $0 |
| Dental | BLUE CROSS AND BLUE SHIELD OF MICHIGAN | 116 | $0 |
| Vision | BLUE CROSS AND BLUE SHIELD OF MICHIGAN | 116 | $0 |
| Life insurance(2 contracts) | UNUM | 137 | $4.3M |
| Long-term disability | UNUM | 137 | $43K |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF MICHIGAN | 116 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 137 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.