| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JFP BENEFIT MANAGEMENT INC3 Filed as: JFP BENEFIT MANAGEMENT, INC. | 2755 W MICHIGAN AVE JACKSON, MI 49204 | GREENWICH INSURANCE COMPANY | $11K | $0 | $11K | 11.11% |
| JFP BENEFIT MANAGEMENT INC3 Filed as: JFP BENEFIT MANAGEMENT, INC. | 2755 W MICHIGAN AVE JACKSON, MI 49204 | COMPANION LIFE | $10K | $0 | $10K | 11.11% |
| JFP BENEFIT MANAGEMENT INC3 Filed as: JFP BENEFIT MANAGEMENT, INC. | 2755 W MICHIGAN AVE JACKSON, MI 49204 | UNUM LIFE | $5K | — | $5K | 11.34% |
| JFP BENEFIT MANAGEMENT INC3 Filed as: JFP BENEFIT MANAGEMENT, INC. | 2755 W MICHIGAN AVE JACKSON, MI 49204 | UNUM LIFE | $4K | — | $4K | 15.00% |
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 | 117 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 117 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | GREENWICH INSURANCE COMPANY | 105 | $186K |
| Dental(2 contracts, 2 carriers) | GREENWICH INSURANCE COMPANY | 105 | $186K |
| Vision(2 contracts, 2 carriers) | GREENWICH INSURANCE COMPANY | 105 | $186K |
| Life insurance(2 contracts) | UNUM LIFE | 117 | $75K |
| Short-term disability(2 contracts) | UNUM LIFE | 117 | $75K |
| Long-term disability(2 contracts) | UNUM LIFE | 117 | $75K |
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | GREENWICH INSURANCE COMPANY | 105 | $186K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 117 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.