| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 | 3331 W BIG BEAVER RD, SUITE 200 TROY, MI 48084 | LIFE INSUR CO. OF NORTH AMERICA | $11K | $4K | $15K | 5.65% |
| MARSH & MCLENNAN AGENCY LLC3 | 3331 W BIG BEAVER RD, SUITE 200 TROY, MI 48084 | LIFE INSURANCE CO. OF NORTH AMERICA | $12K | $3K | $14K | 8.67% |
| MARSH & MCLENNAN AGENCY LLC3 | 3331 W BIG BEAVER RD, SUITE 200 TROY, MI 48084 | LIFE INSURANCE CO. OF NORTH AMERICA | $4K | $1K | $5K | 8.73% |
| MARSH & MCLENNAN AGENCY LLC3 | 3331 W BIG BEAVER RD, SUITE 200 TROY, MI 48084 | UNUM LIFE INSURANCE CO. OF AMERICA | $2K | $11 | $2K | 15.29% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | 1166 AVENUE OF THE AMERICAS 22ND FLOOR NEW YORK, NY 10036 | NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA | $2K | — | $2K | 25.01% |
| MERCER HEALTH AND BENEFITS, LLC3 Filed as: MERCER HEALTH & BENEFITS LLC | 1166 AVENUE OF THE AMERICAS 22ND FLOOR NEW YORK, NY 10036 | NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA | $1K | — | $1K | 24.99% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 CONTRACT ADMINISTRATOR | Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing; Other fees; Consulting (general); Direct payment from the plan; Contract Administrator; Insurance services; Float revenue Service code 12 | — | $629K |
| THOMAS MCGRAW INSURANCE AGENT | Insurance brokerage commissions and fees; Other commissions; Non-monetary compensation; Insurance agents and brokers Service code 22 | 3331 W BIG BEAVER RD, SUITE 200 TROY, MI 48084 | $123K |
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 | 597 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 8 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 605 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | LIFE INSUR CO. OF NORTH AMERICA | 1,210 | $265K |
| Long-term disability | LIFE INSURANCE CO. OF NORTH AMERICA | 576 | $167K |
| Other(4 contracts, 3 carriers) | LIFE INSURANCE CO. OF NORTH AMERICA | 1,318 | $86K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,318 | — |
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.