| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LOVASCO CONSULTING GROUP INC3 | ONE WOODWARD AVE STE 1500 DETROIT, MI 482265479 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $38K | $5K | $43K | 15.81% |
| GRIFFIN, STEVEN, RAY3 Filed as: GRIFFIN, STEVEN R. | 2000 MORRIS AVE, STE 1400 BIRMINGHAM, AL 35203 | UNUM LIFE INSURANCE COMPANY OF AMERICA | -$1K | -$283 | -$2K | -0.62% |
| LOVASCO CONSULTING GROUP INC3 | 600 RENAISSANCE CTR, STE 1800 DETROIT, MI 48243 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $17K | $0 | $17K | 15.00% |
| AARON M LOISELLE3 | ONE WOODWARD AVE STE 1502 DETROIT, MI 48228 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $0 | $14K | $14K | — |
| LOVASCO CONSULTING GROUP INC3 | 535 GRISWOLD, STE 1600 DETROIT, MI 48236 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $11K | $0 | $11K | — |
| EUGENE F LOVASCO3 | ONE WOODWARD AVE STE 1500 DETROIT, MI 482265479 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $0 | $11K | $11K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 THIRD PARTY ADMINISTRATOR | Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Consulting (general); Insurance services; Float revenue; Claims processing; Direct payment from the plan; Other fees Service code 12 | P.O. BOX 230495 GRAND RAPIDS, MI 49523 | $1.2M |
| UNUM LIFE INSURANCE COMPANY OF AMER EIN 01-0278678 THIRD PARTY ADMINISTRATOR | Contract Administrator Service code 13 | — | $31K |
| THE PRUDENTIAL INSURANCE COMPANY OF EIN 22-1211670 THIRD PARTY ADMINISTRATOR | Consulting (general) Service code 16 | P.O. BOX 7639 PHILADELPHIA, PA 19176 | $12K |
| COMPSYCH | Contract Administrator Service code 13 | — | $4K |
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 | 1,841 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,841 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 1,736 | $0 |
| Dental | BLUE CROSS BLUE SHIELD OF MICHIGAN | 1,736 | $0 |
| Vision | BLUE CROSS BLUE SHIELD OF MICHIGAN | 1,736 | $0 |
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,841 | $387K |
| Long-term disability(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,841 | $387K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 1,736 | $0 |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 1,736 | $0 |
| Other(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 1,841 | $387K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,841 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.