| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ROSE STREET ADVISORS LLC3 Filed as: ROSE STREET ADVISORS | 244 NORTH ROSE STREET KALAMAZOO, MI 49007 | HCC LIFE INSURANCE COMPANY | — | $18K | $18K | 3.77% |
| GIBSON INSURANCE AGENCY, INC.3 Filed as: GIBSON INSURANCE AGENCY, INC | 650 TRADE CENTRE WAY, SUITE 310 KALAMAZOO, MI 49002 | HCC LIFE INSURANCE COMPANY | — | $13K | $13K | 2.71% |
| AUXIANT3 | 424 FIRST AVENUE NORTHEAST CEDAR RAPIDS, IA 52401 | HCC LIFE INSURANCE COMPANY | $7K | — | $7K | 1.53% |
| GIBSON INSURANCE AGENCY, INC.3 Filed as: GIBSON INSURANCE AGENCY, INC | 202 S. MICHIGAN STREET SUITE 1400 SOUTH BEND, IN 46601 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $8K | $1K | $9K | 8.44% |
| ROSE STREET ADVISORS LLC3 Filed as: ROSE STREET ADVISORS, LLC | 244 N ROSE ST KALAMAZOO, MI 49007 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $8K | — | $8K | 7.59% |
| JAMES R NELLIGAN & ASSOCIATES LLC3 Filed as: JAMES R. NELLIGAN & ASSOCIATES LLC | 1933 STATE ROUTE 35 SUITE 368 WALL, NJ 07719 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 1.69% |
| ROSE STREET ADVISORS LLC3 Filed as: ROSE STREET ADVISORS, LLC | 244 N ROSE ST KALAMAZOO, MI 490073887 | VISION SERVICE PLAN | $687 | — | $687 | 5.25% |
| GIBSON INSURANCE AGENCY, INC.3 | 202 S. MICHIGAN STREET SUITE 1400 SOUTH BEND, IN 46601 | VISION SERVICE PLAN | $473 | — | $473 | 3.62% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| GIBSON INSURANCE BROKER | Other fees; Insurance agents and brokers; Insurance services; Non-monetary compensation; Other commissions Service code 22 | 202 S. MICHIGAN STREET, SUITE 1400 SOUTH BEND, IN 46601 | $30K |
| ROSE STREET ADVISORS, LLC AGENT | Non-monetary compensation; Insurance services; Other commissions; Other fees; Insurance agents and brokers Service code 22 | 244 NORTH ROSE STREET KALAMAZOO, MI 49007 | $27K |
| AUXIANT BROKER | Non-monetary compensation; Other fees; Insurance services; Other commissions; Insurance agents and brokers Service code 22 | 1077 W. RESEARCH DRIVE, SUITE 120 MILWAUKEE, WI 53226 | $7K |
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 | 146 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 146 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HCC LIFE INSURANCE COMPANY | 109 | $482K |
| Vision | VISION SERVICE PLAN | 119 | $13K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 0 | $107K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 0 | $107K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 0 | $107K |
| Other(2 contracts, 2 carriers) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 150 | $109K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 150 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.