| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASR CORPORATION3 | PO BOX 6392 GRAND RAPIDS, MI 49516 | COMPANION LIFE | $14K | $0 | $14K | 3.00% |
| FLINN FINANCIAL, INC.3 | 1150 BOYNE AVE. BOYNE CITY, MI 49712 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $14K | $0 | $14K | 15.00% |
| FLINN FINANCIAL, INC.3 | 1150 BOYNE AVE. BOYNE CITY, MI 49712 | VISION SERVICE PLAN | $4K | $0 | $4K | 6.61% |
| FLINN FINANCIAL, INC.3 | 1150 BOYNE AVE. BOYNE CITY, MI 49712 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $0 | $3K | 5.43% |
| FLINN FINANCIAL, INC.3 | 1150 BOYNE AVE. BOYNE CITY, MI 49712 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | $0 | $5K | 8.50% |
| FLINN FINANCIAL, INC.3 | 1150 BOYNE AVE. BOYNE CITY, MI 49712 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $0 | $3K | 5.72% |
| BAKER HOPP INC3 Filed as: BAKER HOPP | 20789 HAPER AVENUE HARPER WOODS, MI 48225 | ACE AMERICAN INSURANCE COMPANY | $349 | $0 | $349 | 14.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| DELTA DENTAL OF MICHIGAN EIN 38-1791480 BENEFIT ADMINISTRATOR | Claims processing; Contract Administrator Service code 12 | 4100 OKEMOS ROAD OKEMOS, MI 48864 | $16K |
| FLINN FINANCIAL, INC. EIN 20-0504030 AGENT | Insurance agents and brokers Service code 22 | 1150 BOYNE AVENUE BOYNE CITY, MI 49712 | $5K |
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 | 421 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 421 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 328 | $60K |
| Life insurance(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 421 | $144K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 317 | $55K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 317 | $53K |
| Stop-loss / reinsurancereinsurance | COMPANION LIFE | 382 | $456K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 421 | — |
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.
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.