| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEPHEN RAUSCHERT Filed as: STEPHEN L RAUSCHERT | 5797 HARVEY ST, SUITE A MUSKEGON, MI 49444 | PRIORITY HEALTH | $31K | — | $31K | 4.00% |
| THE LEAD AGENCY LLC Filed as: THE LEAD AGENCY | 5797 HARVEY ST, SUITE A NORTON SHORES, MI 49444 | HARTFORD LIFE AND ACCIDENT | $7K | — | $7K | 11.75% |
| THE LEAD AGENCY LLC3 Filed as: THE LEAD AGENCY, LLC DBA LAKESHORE | 5797 HARVEY STREET NORTON SHORES, MI 494447866 | DELTA DENTAL OF MICHIGAN | $9K | — | $9K | 15.07% |
| BENEFIT PROFILES INC4 Filed as: BENEFIT PROFILES, INC. | 500 CASCADE WEST PKWY GRAND RAPIDS, MI 49546 | DELTA DENTAL OF MICHIGAN | $2K | $150 | $2K | 3.25% |
| STRATEGIC BENEFITS NETWORK LLC3 Filed as: STRATEGIC BENEFITS NETWORK DBA LEAD | 5797 HARVEY ST, SUITE A NORTON SHORES, MI 494446727 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | $81 | $2K | 17.32% |
| STRATEGIC BENEFITS NETWRORK LLC3 Filed as: STRATEGIC BENEFITS NETWORK DBA MICH | 2900 WEST RD EAST LANSING, MI 488236386 | PRINCIPAL LIFE INSURANCE COMPANY | — | — | $0 | 0.00% |
| THE LEAD AGENCY LLC Filed as: THE LEAD AGENCY | 5797 HARVEY ST, SUITE A NORTON SHORES, MI 49444 | HARTFORD LIFE AND ACCIDENT | $264 | — | $264 | 20.00% |
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 | 175 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 175 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | PRIORITY HEALTH | 175 | $766K |
| Dental | DELTA DENTAL OF MICHIGAN | 168 | $57K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 131 | $13K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 104 | $63K |
| Short-term disability(2 contracts) | HARTFORD LIFE AND ACCIDENT | 104 | $65K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 104 | $63K |
| 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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.