| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PAUL M SNIDER | 28555 ORCHARD LAKE ROAD, STE 110 FARMINGTON HILLS, MI 48334 | BLUE CROSS/ BLUE SHIELD | $16K | — | $16K | 2.75% |
| NFP INSURANCE SERVICES INC Filed as: NFP SCHECHTER BENEFITS, LLC | 28555 ORCHARD LAKE ROAD, STE 110 FARMINGTON HILLS, MI 48334 | BLUE CROSS/ BLUE SHIELD | — | $193 | $193 | 0.03% |
| NFP INSURANCE SERVICES INC Filed as: NFP SCHECHTER BENEFITS, LLC | 28555 ORCHARD LAKE ROAD, STE 110 FARMINGTON HILLS, MI 48334 | RELIANCE | $3K | $79 | $3K | 7.00% |
| NFP INSURANCE SERVICES INC Filed as: NFP SCHECHTER BENEFITS, LLC | 28555 ORCHARD LAKE ROAD, STE 110 FARMINGTON HILLS, MI 48334 | PRINCIPAL | $6K | $142 | $6K | 18.54% |
| NFP INSURANCE SERVICES INC Filed as: NFP SCHECHTER BENEFITS, LLC | 28555 ORCHARD LAKE ROAD, STE 110 FARMINGTON HILLS, MI 48334 | RELIANCE | $4K | $63 | $4K | 11.66% |
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 | 128 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 128 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS/ BLUE SHIELD | 67 | $590K |
| Dental | PRINCIPAL | 114 | $34K |
| Life insurance | RELIANCE | 128 | $38K |
| Short-term disability | RELIANCE | 128 | $38K |
| Long-term disability | RELIANCE | 107 | $31K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 128 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.