| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SALUS GROUP3 Filed as: SALUS GROUP - K VARHOL | 38233 MOUND ROAD BUILDING F STERLING HEIGHTS, MI 48310 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $23K | $47K | $70K | 10.82% |
| BENEFITS PARTNER LLC3 | 38233 MOUND ROAD BUILDING F STERLING HEIGHTS, MI 48310 | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $25K | $0 | $25K | 12.96% |
| BENEFITS PARTNER LLC3 | 38233 MOUND ROAD BUILDING F STERLING HEIGHTS, MI 48310 | FIDELITY SECURITY LIFE INSURANCE COMPANY- EYEMED | $1K | $0 | $1K | 11.10% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MI EIN 38-2069753 CONTRACT ADMIN | Insurance services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Contract Administrator; Other fees; Float revenue; Consulting (general); Claims processing Service code 12 | — | $166K |
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 | 152 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 152 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 135 | $647K |
| Dental | BLUE CROSS BLUE SHIELD OF MICHIGAN | 135 | $647K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY- EYEMED | 240 | $10K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 152 | $197K |
| Short-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 152 | $197K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 152 | $197K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 135 | $647K |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 135 | $647K |
| Other | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | 152 | $197K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 240 | — |
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.
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.