| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL PANNUTO3 Filed as: MICHAEL P. PANNUTO | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | TOTAL HEALTH CARE USA, INC. | $20K | — | $20K | 4.12% |
| MICHAEL PANNUTO3 Filed as: MICHAEL P. PANNUTO | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $17K | — | $17K | 14.90% |
| JOHN KELLY3 | 4768 PARVIEW DRIVE CLARKSTON, MI 48346 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $13K | — | $13K | 11.76% |
| MICHAEL PANNUTO3 Filed as: MICHAEL P. PANNUTO | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | METROPOLITAN LIFE INSURANCE COMPANY | $6K | $1K | $7K | 10.06% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $3K | $3K | 3.90% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | — | $3K | $3K | 3.89% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 3.67% |
| MICHAEL PANNUTO3 | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | METROPOLITAN LIFE INSURANCE COMPANY | $927 | $98 | $1K | 14.86% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | — | $272 | $272 | 3.94% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $232 | $232 | 3.36% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | -$123 | — | -$123 | -1.78% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | — | $149 | $149 | 4.75% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $127 | $127 | 4.05% |
| MICHAEL PANNUTO3 | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | METROPOLITAN LIFE INSURANCE COMPANY | $112 | $11 | $123 | 3.92% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | -$618 | — | -$618 | -19.69% |
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 | 142 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 142 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 13 | $10K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 36 | $68K |
| Vision(2 contracts, 2 carriers) | TOTAL HEALTH CARE USA, INC. | 142 | $564K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 36 | $68K |
| Prescription drug | TOTAL HEALTH CARE USA, INC. | 142 | $496K |
| Other(2 contracts, 2 carriers) | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 62 | $181K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 142 | — |
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.