| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| HALEY WARD & ASSOCIATES CORP3 Filed as: HALEY WARD & ASSOCIATES CORPORATION | RICHARD WARD PO BOX 216 BAD AXE, MI 48413 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $14K | — | $14K | 3.68% |
| HALEY WARD & ASSOCIATES CORP3 Filed as: HALEY WARD & ASSOCIATES CORPORATION | RICHARD WARD PO BOX 216 BAD AXE, MI 48413 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $13K | — | $13K | 3.47% |
| STRATEGIC SERVICES GROUP3 | 245 BARCLAY CIRCLE STE 200 ROCHESTER HILLS, MI 48307 | SYMETRA LIFE INSURANCE COMPANY | $28K | $16K | $44K | 17.38% |
| STRATEGIC SERVICES GROUP3 | 245 BARCLAY CIRCLE #200 ROCHESTER HILLS, MI 48307 | EYEMED VISION CARE | $1K | — | $1K | 4.23% |
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 | 388 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 392 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 65 | $742K |
| Vision | EYEMED VISION CARE | 618 | $31K |
| Life insurance | SYMETRA LIFE INSURANCE COMPANY | 388 | $255K |
| Short-term disability | SYMETRA LIFE INSURANCE COMPANY | 388 | $255K |
| Long-term disability | SYMETRA LIFE INSURANCE COMPANY | 388 | $255K |
| Other | SYMETRA LIFE INSURANCE COMPANY | 388 | $255K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 618 | — |
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.