| 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. | $21K | — | $21K | 4.22% |
| MICHAEL PANNUTO3 Filed as: MICHAEL P. PANNUTO | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $16K | — | $16K | 15.00% |
| JOHN KELLY3 | 4768 PARVIEW DRIVE CLARKSTON, MI 48346 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $13K | — | $13K | 12.00% |
| MICHAEL PANNUTO3 | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | METROPOLITAN LIFE INSURANCE COMPANY | $7K | $406 | $7K | 11.12% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | $16 | $3K | 4.96% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $3K | $3K | 4.93% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | — | $999 | $999 | 1.53% |
| MICHAEL PANNUTO3 | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | $57 | $1K | 23.19% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $360 | $16 | $376 | 5.82% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $360 | $360 | 5.57% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | — | $184 | $184 | 2.85% |
| MICHAEL PANNUTO3 | 45445 MOUND RD STE 102 SHELBY TWP, MI 48317 | METROPOLITAN LIFE INSURANCE COMPANY | $690 | $19 | $709 | 19.59% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $173 | $16 | $189 | 5.22% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $173 | $173 | 4.78% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | — | $64 | $64 | 1.77% |
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 | 135 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 135 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 17 | $10K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 103 | $65K |
| Vision(2 contracts, 2 carriers) | TOTAL HEALTH CARE USA, INC. | 135 | $569K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 103 | $65K |
| Prescription drug | TOTAL HEALTH CARE USA, INC. | 135 | $504K |
| Other(2 contracts, 2 carriers) | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 103 | $173K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 135 | — |
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.