| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASR HEALTH BENEFITS4 | — | COMPANION LIFE | $139K | — | $139K | 63.93% |
| SBU - ROBERT J DOTSON JR3 | PO BOX 1928 SAGINAW, MI 48605 | DELTA DENTAL OF MICHIGAN | $10K | — | $10K | 9.21% |
| SAGINAW BAY UNDERWRITERS3 Filed as: SAGINAW UNDERWRITERS INC. | PO BOX 1928 SAGINAW, MI 48605 | LINCOLN NATIONAL LIFE INSURANCE | $3K | — | $3K | 4.06% |
| SAGINAW BAY UNDERWRITERS3 Filed as: SAGINAW UNDERWRITERS INC. | PO BOX 1928 SAGINAW, MI 48605 | LINCOLN NATIONAL LIFE INSURANCE | $6K | — | $6K | 15.00% |
| SAGINAW BAY UNDERWRITERS3 Filed as: SAGINAW UNDERWRITERS INC. | PO BOX 1928 SAGINAW, MI 48605 | LINCOLN NATIONAL LIFE INSURANCE | $3K | — | $3K | 7.55% |
| SAGINAW BAY UNDERWRITERS3 Filed as: SAGINAW UNDERWRITERS INC. | PO BOX 1928 SAGINAW, MI 48605 | EYEMED VISION CARE | $2K | — | $2K | 9.97% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ASR HEALTH BENFITS TPA | Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Consulting (general); Insurance services; Float revenue; Direct payment from the plan; Other fees; Claims processing Service code 12 | 618 KENMOOR AVE SE 200 GRAND RAPIDS, MI 49546 | $139K |
| ROBERT J DOTSON JR AGENT | Insurance brokerage commissions and fees; Non-monetary compensation; Other fees; Other commissions; Insurance agents and brokers Service code 22 | PO BOX 1928 SAGINAW, MI 48605 | $10K |
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 | 186 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 186 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF MICHIGAN | 365 | $113K |
| Vision | EYEMED VISION CARE | 296 | $21K |
| Life insurance(2 contracts) | LINCOLN NATIONAL LIFE INSURANCE | 186 | $72K |
| Stop-loss / reinsurancereinsurance | COMPANION LIFE | 159 | $217K |
| Other(2 contracts) | LINCOLN NATIONAL LIFE INSURANCE | 186 | $119K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 365 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.