| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL PANNUTO3 Filed as: MICHAEL P PANNUTO | 45445 MOUND RD SUITE 102 SHELBY TOWNSHIP, MI 48317 | UNITEDHEALTHCARE INSURANCE COMPANY | $5K | $28K | $33K | 3.16% |
| MICHAEL PANNUTO3 | 45445 MOUND RD SUITE 102 UTICA, MI 48317 | SHELTERPOINT LIFE | $19K | $0 | $19K | 10.00% |
| CHELTEN BENEFITS GROUP3 Filed as: CHELTEN BENEFITS GROUP AGENCY INC. | 4768 PARKVIEW DRIVE CLARKSTON, MI 48346 | SHELTERPOINT LIFE | $9K | $0 | $9K | 5.00% |
| MICHAEL PANNUTO3 Filed as: MICHAEL P PANNUTO | 45445 MOUND RD SUITE 102 UTICA, MI 48317 | UNITEDHEALTHCARE INSURANCE COMPANY | $4K | $0 | $4K | 12.24% |
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 | 351 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 351 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | UNITEDHEALTHCARE INSURANCE COMPANY | 351 | $1.2M |
| Dental | UNITEDHEALTHCARE INSURANCE COMPANY | 300 | $1.0M |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 300 | $1.0M |
| Life insurance | UNITEDHEALTHCARE INSURANCE COMPANY | 245 | $32K |
| Other | UNITEDHEALTHCARE INSURANCE COMPANY | 245 | $32K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 351 | — |
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."
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.