| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE NULTY AGENCY INC.3 Filed as: THE NULTY AGENCY - SUSAN L CULHANE | 5579 STADIUM DRIVE KALAMAZOON, MI 490091929 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $145K | $0 | $145K | 4.34% |
| THE NULTY AGENCY INC.3 | 5579 STADIUM DRIVE KALAMAZOO, MI 490091929 | DELTA DENTAL OF MICHIGAN | $11K | $505 | $11K | 3.09% |
| THE NULTY AGENCY INC.3 | 5579 STADIUM DRIVE KALAMAZOO, MI 490091929 | UNUM LIFE INSURANCE CO OF AMER | $14K | $723 | $15K | 17.16% |
| CENTRO BENEFITS RESEARCH LLC0 | 325 N KIRKWOOD RD, STE 300 KIRKWOOD, MO 63122 | UNUM LIFE INSURANCE CO OF AMER | $0 | $5K | $5K | 5.45% |
| THE NULTY AGENCY INC.3 | 5579 STADIUM DRIVE KALAMAZOO, MI 490091929 | UNUM LIFE INSURANCE CO OF AMER | $6K | $519 | $6K | 9.47% |
| CENTRO BENEFITS RESEARCH LLC0 | 325 N KIRKWOOD RD, STE 300 KIRKWOOD, MO 63122 | UNUM LIFE INSURANCE CO OF AMER | $0 | $3K | $3K | 5.09% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: ASSURANCE, A MARSH & MCLENNAN AGENC | 20 N MARTINGALE ROAD, SUITE 100 SCHAUMBURG, IL 60173 | FIDELITY SECURITY LIFE INSURANCE (EYEMED VISION CARE) | $6K | $0 | $6K | 9.93% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: ASSURANCE, A MARSH & MCLENNAN AGENC | 20 N MARTINGALE ROAD, SUITE 100 SCHAUMBURG, IL 60173 | FIDELITY SECURITY LIFE INSURANCE (EYEMED VISION CARE) | $37 | $0 | $37 | 9.69% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UNUM LIFE INSURANCE CO OF AMER EIN 01-0278678 ADMIN OF ST DISAB | Other fees; Contract Administrator; Claims processing; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan Service code 12 | — | $35K |
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 | 444 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 447 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 836 | $3.3M |
| Dental | DELTA DENTAL OF MICHIGAN | 865 | $371K |
| Vision(2 contracts) | FIDELITY SECURITY LIFE INSURANCE (EYEMED VISION CARE) | 698 | $56K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE CO OF AMER | 444 | $156K |
| Long-term disability | UNUM LIFE INSURANCE CO OF AMER | 444 | $68K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 836 | $3.3M |
| Other(3 contracts, 2 carriers) | UNUM LIFE INSURANCE CO OF AMER | 444 | $157K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 865 | — |
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.
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.