| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASR HEALTH BENEFITS3 | 3033 ORCHARD VISTA DR. SE GRAND RAPIDS, MI 49546 | SYMETRA | $127K | — | $127K | 17.55% |
| KAPNICK & COMPANY, INC.3 Filed as: A.E. MOURAD AGENCY, INC. | 28277 DEQUINDRE MADISON HEIGHTS, MI 48071 | HUMANA INSURANCE COMPANY | $12K | — | $12K | 7.10% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & COMPANY INC. | 1201 BRIARWOOD CIRCLE ANN ARBOR, MI 481081690 | HUMANA INSURANCE COMPANY | $2K | — | $2K | 1.22% |
| KAPNICK & COMPANY, INC.3 Filed as: A E MOURAD AGENCY INC. | 28277 DEQUINDRE MADISON HEIGHTS, MI 480713002 | AMERICAN UNITED LIFE INSURANCE COMPANY | $22K | — | $22K | 12.49% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK AND COMPANY, INC. | 1201 BRIARWOOD CIRCLE ANN ARBOR, MI 481081690 | AMERICAN UNITED LIFE INSURANCE COMPANY | $4K | — | $4K | 2.51% |
| KAPNICK & COMPANY, INC.3 Filed as: A E MOURAD AGENCY, INC. | 28277 DEQUINDRE MADISON HEIGHTS, MI 480713002 | COMPBENEFITS COMPANY | $533 | — | $533 | 8.50% |
| KAPNICK & COMPANY, INC.3 | 1201 BRIARWOOD CIRCLE ANN ARBOR, MI 481081690 | COMPBENEFITS COMPANY | $92 | — | $92 | 1.47% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ASR HEALTH BENEFITS EIN 38-2651185 TPA | Contract Administrator Service code 13 | — | $316K |
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 | 519 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 521 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental(2 contracts, 2 carriers) | HUMANA INSURANCE COMPANY | 313 | $181K |
| Vision | HUMANA INSURANCE COMPANY | 313 | $175K |
| Life insurance | AMERICAN UNITED LIFE INSURANCE COMPANY | 519 | $173K |
| Stop-loss / reinsurancereinsurance | SYMETRA | 408 | $724K |
| Other | AMERICAN UNITED LIFE INSURANCE COMPANY | 519 | $173K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 519 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.