| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KORTHASE AGENCY3 | 109 MILL STREET EAST JORDAN, MI 49727 | BLUE CARE NETWORK OF MICHIGAN | — | — | $0 | 0.00% |
| KORTHASE FLINN INS & FIN3 | 1150 BOYNE AVENUE BOYNE CITY, MI 49712 | BLUE CROSS AND BLUE SHIELD OF MICHIGAN | — | — | $0 | 0.00% |
| FLINN FINANCIAL, INC.3 Filed as: FLINN FINANCIAL | 1150 BOYNE AVE BOYNE CITY, MI 49712 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $998 | — | $998 | 12.37% |
| KORTHASE FLINN INS & FIN3 | 1150 BOYNE AVENUE BOYNE CITY, MI 497129645 | BLUE CROSS AND BLUE SHIELD OF MICHIGAN | — | — | $0 | — |
| KORTHASE FLINN INS & FIN3 | 1150 BOYNE AVENUE BOYNE CITY, MI 49712 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | — | $0 | — |
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 | 120 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 120 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(4 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 186 | $987K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 247 | $8K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 247 | $8K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 247 | — |
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.