| 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 | 7.61% |
| 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 | 7.61% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $9K | $9K | 1.20% |
| RAYMOND D DEWEY3 | 333 BRIDGE ST NW STE 710 GRAND RAPIDS, MI 49504 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $23K | $64K | $87K | 13.08% |
| 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 | — | $13K | $13K | 1.93% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $30K | — | $30K | 5.23% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $30K | — | $30K | 5.22% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR SPRINGS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $256 | $256 | 0.04% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF VIRGINIA INC | 4951 LK BRK DR STE 400 GLEN ALLEN, VA 23060 | PRINCIPAL LIFE INSURANCE COMPANY | — | $139 | $139 | 0.02% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | 500 1ST ST SE CEDAR RAPIDS, IA 524012002 | PRINCIPAL LIFE INSURANCE COMPANY | — | $654 | $654 | 527.42% |
| WILLIS TOWERS WATSON US LLC3 Filed as: WILLIS OF MICHIGAN INC | 32255 NORTHWESTERN HWY STE 201 FARMINGTON HILLS, MI 483341532 | PRINCIPAL LIFE INSURANCE COMPANY | $6 | — | $6 | 4.84% |
| TRUENORTH COMPANIES LC3 Filed as: TRUENORTH COMPANIES | PO BOX 1863 CEDAR RAPIDS, IA 524061863 | PRINCIPAL LIFE INSURANCE COMPANY | $6 | — | $6 | 4.84% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MI EIN 38-2069753 TPA | Claims processing; Float revenue; Insurance services; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Other fees; Direct payment from the plan; Consulting (general) Service code 12 | — | $844K |
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 | 987 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 987 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 987 | $669K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 2,087 | $569K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 0 | $124 |
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 3,268 | $777K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 3,268 | $777K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 3,268 | $777K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 987 | $669K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,268 | — |
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.