| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL S HILL3 | — | BLUE CARE NETWORK OF MICHIGAN | $26K | $0 | $26K | 2.13% |
| JEFFREY BILOT3 | 25 W 8TH ST STE 300 12 HOLLAND, MI 49423 | BLUE CARE NETWORK OF MICHIGAN | $3K | $0 | $3K | 0.26% |
| ADVANTAGE BENEFITS GROUP3 Filed as: ADVANTAGE BENEFITS GROUP, INC. | 89 MONROE CENTER ST NW STE 200 GRAND RAPIDS, MI 49503 | BLUE CARE NETWORK OF MICHIGAN | $0 | $2K | $2K | 0.18% |
| EDIFY NORTH, LLC3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | DELTA DENTAL OF MICHIGAN | $5K | $0 | $5K | 4.69% |
| EDIFY NORTH, LLC3 | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | SUN LIFE ASSURANCE COMPANY OF CANADA | $5K | $0 | $5K | 8.99% |
| EDIFY NORTH, LLC3 Filed as: EDIFY NORTH | 25 W 8TH ST STE 300 HOLLAND, MI 49423 | VISION SERVICE PLAN | $947 | $0 | $947 | 6.10% |
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 | 197 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 20 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 18 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 235 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CARE NETWORK OF MICHIGAN | 304 | $1.2M |
| Dental | DELTA DENTAL OF MICHIGAN | 259 | $114K |
| Vision | VISION SERVICE PLAN | 126 | $16K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 197 | $59K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 197 | $59K |
| Prescription drug | BLUE CARE NETWORK OF MICHIGAN | 304 | $1.2M |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 197 | $59K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 304 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.