| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEVE OLSON3 | 3055 44TH ST SW PO BOX 953 GRANDVILLE, MI 494680953 | PRIORITY HEALTH INSURANCE COMPANY | $45K | — | $45K | 3.99% |
| STEVE OLSON3 | 3055 44TH ST SW GRANDVILLE, MI 494680953 | DELTA DENTAL OF MICHIGAN | $10K | $0 | $10K | 10.14% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: BERENDS HENDRICKS STUIT AG | 3055 44TH ST SW GRANDVILLE, MI 494182501 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | $312 | $6K | 13.66% |
| STEVE OLSON3 | 3055 44TH ST SW GRANDVILLE, MI 49468 | VSP VISION CARE | — | $1K | $1K | 5.68% |
| STEVE OLSON3 | 3055 44TH ST SW PO BOX 953 GRANDVILLE, MI 494680953 | PRIORITY HEALTH INSURANCE COMPANY | $430 | $430 | $860 | 7.99% |
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 | 432 | 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) | 432 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | PRIORITY HEALTH INSURANCE COMPANY | 267 | $1.1M |
| Dental | DELTA DENTAL OF MICHIGAN | 306 | $96K |
| Vision | VSP VISION CARE | 109 | $19K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 432 | $42K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 432 | $42K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 432 | $42K |
| Prescription drug(2 contracts) | PRIORITY HEALTH INSURANCE COMPANY | 267 | $1.1M |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 432 | $42K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 432 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.