| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MACQUEEN INSURANCE GROUP3 Filed as: MACQUEEN & ASSOC LLC | 2191 TWELVE MILE RD BERKLEY, MI 48072 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $12K | — | $12K | 16.39% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 NONE KNOWN | Insurance services; Consulting (general); Contract Administrator; Direct payment from the plan; Claims processing; Other fees; Float revenue; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 12 | — | $317K |
| BENESYS, INC. EIN 38-2383171 NONE KNOWN | Direct payment from the plan; Participant communication; Plan Administrator; Other services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing Service code 12 | — | $232K |
| PLANTE & MORAN, PLLC EIN 38-1357951 NONE KNOWN | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $48K |
| FINKEL WHITEFIELD SELIK EIN 38-2529039 NONE KNOWN | Legal; Direct payment from the plan Service code 29 | — | $14K |
| COMERICA BANK EIN 42-1741646 NONE KNOWN | Direct payment from the plan; Other services; Trustee (bank, trust company, or similar financial institution) Service code 21 | — | $11K |
| STEFANSKY, HOLLOWAY, & NICHOLS, INC EIN 38-2388845 NONE KNOWN | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $8K |
| UNITED ACTUARIAL SERVICES, INC. EIN 35-2156428 NONE KNOWN | Actuarial; Direct payment from the plan Service code 11 | — | $8K |
| BOSTON TRUST WALDEN COMPANY NONE KNOWN | Investment advisory (plan); Direct payment from the plan Service code 27 | ONE BEACON STREET 33RD FLOOR BOSTON, MA 02108 | $7K |
| DELTA DENTAL OF MICHIGAN EIN 38-1791480 NONE KNOWN | Direct payment from the plan; Contract Administrator; Claims processing Service code 12 | — | $6K |
| NEPC, LLC EIN 26-1429809 NONE KNOWN | Consulting (pension); Direct payment from the plan Service code 17 | — | $5K |
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 | 617 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 11 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 133 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 761 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 123 | $886K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 269 | $74K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 269 | $74K |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 840 | $651K |
| Other(3 contracts, 3 carriers) | BLUE CARE NETWORK OF MICHIGAN | 269 | $875K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 840 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.