| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MCGRAW, THOMAS P3 Filed as: MCGRAW WENTWORTH - MMA LLC | 3331 W BIG BEAVER RD, STE 200 TROY, MI 48084 | UNITED HEALTHCARE INSURANCE COMPANY | — | $72K | $72K | 5.29% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY, LLC | 2300 RENAISSANCE BLVD KING OF PRUSSIA, PA 19406 | DELTA DENTAL OF MICHIGAN | $6K | — | $6K | 3.10% |
| MARSH & MCLENNAN AGENCY LLC3 | 3331 WEST BIG BEAVER RD, STE 200 TROY, MI 48084 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $10K | — | $10K | 6.78% |
No Schedule C service providers reported on this filing.
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 | 234 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 234 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED HEALTHCARE INSURANCE COMPANY | 451 | $1.4M |
| Dental | DELTA DENTAL OF MICHIGAN | 454 | $183K |
| Vision | UNITED HEALTHCARE INSURANCE COMPANY | 451 | $1.4M |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 266 | $146K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 266 | $146K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 266 | $146K |
| Prescription drug | UNITED HEALTHCARE INSURANCE COMPANY | 451 | $1.4M |
| Other | RELIANCE STANDARD LIFE INSURANCE COMPANY | 266 | $146K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 454 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.