| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $59K | — | $59K | 8.24% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $59K | — | $59K | 8.24% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $495 | $495 | 0.07% |
| RAYMOND D DEWEY3 | 333 BRIDGE ST NW STE 710 GRAND RAPIDS, MI 49504 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $21K | $64K | $85K | 14.06% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN (GR RAPIDS) | 333 BRIDGE ST NW STE 710 GRAND RAPIDS, MI 49504 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | $12K | $12K | 1.99% |
| 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 | — | $2K | $2K | 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 | $5K | — | $5K | 5.03% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | — | $5K | 5.03% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $164 | $164 | 0.15% |
| 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 | — | $790K |
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 | 991 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 991 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 991 | $607K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 2,094 | $591K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 1,436 | $106K |
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 3,215 | $719K |
| Short-term disability(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 3,215 | $719K |
| Long-term disability(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 3,215 | $719K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 991 | $607K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,215 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.