| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ANTHONY MOURAD3 | 333 INDUSTRIAL DRIVE ADRIAN, MI 49221 | PHP INSURANCE COMPANY | $42K | — | $42K | 3.57% |
| ANTHONY E MOURAD3 Filed as: ANTHONY E. MOURAD | 28277 DEQUINDRE MADISON HEIGHTS, MI 48071 | BLUE CARE NETWORK OF MICHIGAN | $36K | $301 | $36K | 4.18% |
| AE MOURAD AGENCY, INC.3 Filed as: AE MOURAD AGENCY | 28277 DEQUINDRE MADISON HEIGHTS, MI 48071 | TOTAL HEALTH CARE USA, INC. | $28K | — | $28K | 3.96% |
| KAPNICK & COMPANY, INC.3 Filed as: A. E. MOURAD AGENCY, INC. | 28277 DEQUINDRE RD MADISON HEIGHTS, MI 48071 | DELTA DENTAL OF MICHIGAN | $20K | — | $20K | 9.90% |
| KAPNICK & COMPANY, INC.3 Filed as: A. E. MOURAD AGENCY INC. | 28277 DEQUINDRE RD MADISON HEIGHTS, MI 48071 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $10K | — | $10K | 5.37% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & COMPANY INC. | 28277 DEQUINDRE RD MADISON HEIGHTS, MI 48071 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $16K | $294 | $16K | 15.28% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & COMPANY INC. | 28277 DEQUINDRE RD MADISON HEIGHTS, MI 48071 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $9K | $294 | $10K | 15.47% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & COMPANY INC. | 28277 DEQUINDRE RD MADISON HEIGHTS, MI 48071 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $98 | $3K | 15.45% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & COMPANY INC. | 28277 DEQUINDRE RD MADISON HEIGHTS, MI 48071 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $94 | $3K | 15.44% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & COMPANY INC. | 28277 DEQUINDRE RD MADISON HEIGHTS, MI 48071 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $81 | $3K | 20.53% |
| KAPNICK & COMPANY, INC.3 Filed as: KAPNICK & COMPANY INC. | 28277 DEQUINDRE RD MADISON HEIGHTS, MI 48071 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $61 | $3K | 20.40% |
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 | 433 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 8 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 441 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | PHP INSURANCE COMPANY | 287 | $2.8M |
| Dental(2 contracts, 2 carriers) | DELTA DENTAL OF MICHIGAN | 498 | $398K |
| Vision(2 contracts, 2 carriers) | TOTAL HEALTH CARE USA, INC. | 241 | $899K |
| Life insurance(3 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 222 | $275K |
| Short-term disability(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 277 | $296K |
| Long-term disability(2 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 163 | $213K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 266 | $1.6M |
| Other(3 contracts, 2 carriers) | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 163 | $222K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 498 | — |
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.