| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $38K | — | $38K | 7.26% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $19K | — | $19K | 3.75% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: WELLS FARGO INS SVCS USA INC | 10 S WACKER DRIVE FL 17 CHICAGO, IL 60606 | PRINCIPAL LIFE INSURANCE COMPANY | — | $1K | $1K | 0.27% |
| RAYMOND D DEWEY3 | 333 BRIDGE ST NW STE 710 GRAND RAPIDS, MI 49504 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $11K | $64K | $75K | 14.83% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | $8K | $8K | 1.58% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $33K | — | $33K | 10.61% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $17K | — | $17K | 5.36% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: WELLS FARGO INS SVCS USA INC | 10 S WACKER DRIVE FL 17 CHICAGO, IL 60606 | PRINCIPAL LIFE INSURANCE COMPANY | — | $842 | $842 | 0.27% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $53K | — | $53K | 17.39% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $16K | — | $16K | 5.06% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: WELLS FARGO INS SVCS USA INC | 10 S WACKER DRIVE FL 17 CHICAGO, IL 60606 | PRINCIPAL LIFE INSURANCE COMPANY | — | $819 | $819 | 0.27% |
| USI INSURANCE SERVICES LLC3 Filed as: USI MIDWEST LLC | PO BOX 3727 NORFOLK, VA 235143727 | PRINCIPAL LIFE INSURANCE COMPANY | -$23K | — | -$23K | -7.44% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $33K | — | $33K | 17.43% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $10K | — | $10K | 5.07% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: WELLS FARGO INS SVCS USA INC | 10 S WACKER DRIVE FL 17 CHICAGO, IL 60606 | PRINCIPAL LIFE INSURANCE COMPANY | — | $509 | $509 | 0.27% |
| USI INSURANCE SERVICES LLC3 Filed as: USI MIDWEST LLC | PO BOX 3727 NORFOLK, VA 235143727 | PRINCIPAL LIFE INSURANCE COMPANY | -$14K | — | -$14K | -7.50% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | — | $8K | 6.61% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | — | $4K | 3.39% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: WELLS FARGO INS SVCS USA INC | 10 S WACKER DRIVE FL 17 CHICAGO, IL 60606 | PRINCIPAL LIFE INSURANCE COMPANY | — | $326 | $326 | 0.27% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MI EIN 38-2069753 TPA | Recordkeeping and information management (computing, tabulating, data processing, etc.); Insurance services; Claims processing; Direct payment from the plan; Float revenue; Other fees; Contract Administrator; Consulting (general) Service code 12 | — | $855K |
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 | 1,036 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,036 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 1,036 | $508K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 2,100 | $517K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 1,547 | $122K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 3,447 | $314K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 476 | $307K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 374 | $190K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 1,036 | $508K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,447 | — |
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.