| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TIMOTHY M DURSO3 | 608 SOUTH WASHINGTON AVENUE SUITE 200 LANSING, MI 48933 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $60K | — | $60K | 4.98% |
| CENTENNIAL EMPLOYEE BENEFITS3 | 608 SOUTH WASHINGTON LANSING, MI 48933 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | $516 | $516 | 0.04% |
| TIMOTHY M DURSO3 | 608 SOUTH WASHINGTON AVENUE SUITE 200 LANSING, MI 48933 | BLUE CARE NETWORK OF MICHIGAN | $6K | — | $6K | 4.60% |
| CENTENNIAL EMPLOYEE BENEFITS3 | 608 SOUTH WASHINGTON LANSING, MI 48933 | BLUE CARE NETWORK OF MICHIGAN | — | $72 | $72 | 0.05% |
| TIM M DURSO3 | 608 SOUTH WASHINGTON AVENUE SUITE 200 LANSING, MI 48933 | PRINCIPAL LIFE INSURANCE COMPANY | $10K | — | $10K | 9.99% |
| CENTENNIAL EMPLOYEE BENEFITS3 Filed as: CENTENNIAL ASSOCIATES INC | 511 SOUTH WASHINGTON AVENUE LANSING, MI 48933 | PRINCIPAL LIFE INSURANCE COMPANY | — | $3K | $3K | 3.00% |
| CENTENNIAL EMPLOYEE BENEFITS3 Filed as: CENTENNIAL ASSOCIATES, INC | 511 SOUTH WASHINGTON AVENUE LANSING, MI 48933 | DELTA DENTAL OF MICHIGAN | $5K | — | $5K | 6.23% |
| CENTENNIAL EMPLOYEE BENEFITS3 Filed as: CENTENNIAL ASSOCIATES INC | 608 SOUTH WASHINGTON AVENUE SUITE 200 LANSING, MI 48933 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $9K | — | $9K | 14.98% |
| CENTENNIAL EMPLOYEE BENEFITS3 Filed as: CENTENNIAL ASSOCIATES | 511 SOUTH WASHINGTON AVENUE LANSING, MI 48933 | VISION SERVICE PLAN | $869 | — | $869 | 6.50% |
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 | 137 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 138 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 230 | $1.3M |
| Dental | DELTA DENTAL OF MICHIGAN | 200 | $81K |
| Vision | VISION SERVICE PLAN | 86 | $13K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 137 | $96K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 137 | $96K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 137 | $96K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 230 | $1.3M |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 137 | $157K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 230 | — |
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.
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.