| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CATHERINE HILTZ3 | 333 INDUSTRIAL DRIVE ADRIAN, MI 49221 | PRIORITY HEALTH | $22K | — | $22K | 2.53% |
| ANTHONY MOURAD3 | 28277 DEQUINDRE MADISON HEIGHTS, MI 48071 | PRIORITY HEALTH | $13K | — | $13K | 1.47% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & COMPANY | 1201 BRIARWOOD CIR ANN ARBOR, MI 48108 | DELTA DENTAL OF MICHIGAN | $3K | $156 | $3K | 5.09% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & CO INC | 1201 BRIARWOOD CIR ANN ARBOR, MI 48108 | AMERICAN UNITED LIFE INSURANCE COMPANY | $7K | $2K | $8K | 19.59% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & CO INC | 1201 BRIARWOOD CIR ANN ARBOR, MI 48108 | DELTA DENTAL OF MICHIGAN | $484 | $23 | $507 | 4.95% |
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 | 107 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 110 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PRIORITY HEALTH | 175 | $881K |
| Dental(2 contracts) | DELTA DENTAL OF MICHIGAN | 139 | $74K |
| Vision | HM LIFE INSURANCE COMPANY | 161 | $10K |
| Life insurance | AMERICAN UNITED LIFE INSURANCE COMPANY | 107 | $43K |
| Short-term disability | AMERICAN UNITED LIFE INSURANCE COMPANY | 107 | $43K |
| Prescription drug | PRIORITY HEALTH | 175 | $881K |
| Other | AMERICAN UNITED LIFE INSURANCE COMPANY | 107 | $43K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 175 | — |
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.
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.