| 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 | $53K | — | $53K | 7.01% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $53K | — | $53K | 7.01% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $8K | $8K | 1.03% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 26555 EVERGREEN RD STE 1600 SOUTHFIELD, MI 480764257 | PRINCIPAL LIFE INSURANCE COMPANY | — | $6K | $6K | 0.75% |
| RAYMOND D DEWEY3 | 333 BRIDGE ST NW STE 710 GRAND RAPIDS, MI 49504 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $21K | $64K | $85K | 14.31% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $29K | — | $29K | 4.99% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $29K | — | $29K | 4.99% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR SPRINGS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $9K | $9K | 1.59% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF VIRGINIA INC | 4951 LK BRK DR STE 400 GLEN ALLEN, VA 230609273 | PRINCIPAL LIFE INSURANCE COMPANY | — | $169 | $169 | 0.03% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | — | $6K | 4.98% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | — | $6K | 4.97% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $1K | $1K | 0.90% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF VIRGINIA INC | 4951 LK BRK DR STE 400 GLEN ALLEN, VA 230609273 | PRINCIPAL LIFE INSURANCE COMPANY | — | $35 | $35 | 0.03% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $5K | $5K | 702.74% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $4K | $4K | 2510.83% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $2K | $2K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MI EIN 38-2069753 TPA | Direct payment from the plan; Other fees; Insurance services; Float revenue; Recordkeeping and information management (computing, tabulating, data processing, etc.); Consulting (general); Contract Administrator; Claims processing Service code 12 | — | $959K |
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 | 958 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 958 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 958 | $593K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 2,098 | $589K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 1,488 | $120K |
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 3,280 | $752K |
| Short-term disability(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 3,280 | $751K |
| Long-term disability(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 3,280 | $751K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 958 | $593K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,280 | — |
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.