| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BRIAN SACKETT3 Filed as: BRIAN D SACKETT | 8191 MOORSBRIDGE RD PORTAGE, MI 49024 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $31K | — | $31K | 2.04% |
| RAYMOND SACKETT3 | 8191 MOORSBRIDGE RD PORTAGE, MI 49024 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $4K | — | $4K | 0.29% |
| SACKETT INSURANCE GROUP3 Filed as: SACKETT INSURANCE GROUP, INC | 8191 MOORSBRIDGE RD PORTAGE, MI 49024 | NATIONAL GUARDIAN LIFE | $4K | — | $4K | 2.98% |
| SACKETT INSURANCE GROUP3 Filed as: SACKETT INSURANCE GROUP, INC. | 8191 MOORSBRIDGE RD PORTAGE, MI 49024 | NATIONAL GUARDIAN LIFE | $2K | — | $2K | 1.43% |
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 | 244 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 244 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 244 | $1.5M |
| Dental | NATIONAL GUARDIAN LIFE | 336 | $125K |
| Vision | NATIONAL GUARDIAN LIFE | 336 | $125K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 244 | $1.5M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 336 | — |
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."
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.