| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL PANNUTO3 Filed as: MICHAEL P. PANNUTO | 45445 MOUND RD. STE 102 UTICA, MI 48317 | BLUE CARE NETWORK OF MICHIGAN | $15K | $3K | $18K | 4.10% |
| MICHAEL PANNUTO3 Filed as: MICHAEL P. PANNUTO | 45445 MOUND RD. STE 102 UTICA, MI 48317 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $6K | $765 | $7K | 3.99% |
| MICHAEL PANNUTO3 Filed as: MICHAEL P. PANNUTO | 45445 MOUND RD. STE 102 SHELBY TOWNSHIP, MI 48317 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $13K | — | $13K | 15.04% |
| JOHN KELLY3 | 4768 PARVIEW DRIVE CLARKSTON, MI 48346 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $10K | — | $10K | 12.03% |
| MICHAEL PANNUTO3 | 34656 GIANNETTI DR. STERLING HTS, MI 48312 | METROPOLITAN LIFE INSURANCE COMPANY | $8K | — | $8K | 13.87% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | $1K | $5K | 8.69% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $4K | $4K | 6.51% |
| MICHAEL PANNUTO3 | 34656 GIANNETTI DR. STERLING HTS, MI 48312 | METROPOLITAN LIFE INSURANCE COMPANY | $829 | — | $829 | 20.82% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $207 | $12 | $219 | 5.50% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $207 | $207 | 5.20% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | — | $65 | $65 | 1.63% |
| MICHAEL PANNUTO3 | 34656 GIANNETTI DR. STERLING HTS, MI 48312 | METROPOLITAN LIFE INSURANCE COMPANY | $493 | — | $493 | 19.08% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | METROPOLITAN LIFE INSURANCE COMPANY | $123 | $44 | $167 | 6.46% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 | PO BOX 9201 AUSTIN, TX 78766 | METROPOLITAN LIFE INSURANCE COMPANY | — | $123 | $123 | 4.76% |
| GIS BENEFITS INC3 Filed as: GIS OF ILLINOIS | 422 WAUPONSEE STREET MORRIS, IL 60450 | METLIFE LEGAL PALN | $170 | — | $170 | 14.95% |
| MICHAEL PANNUTO3 Filed as: MICHAEL P. PANNUTO | 34656 GIANNETTI DR. STERLING HTS, MI 48312 | METLIFE LEGAL PALN | $154 | — | $154 | 13.54% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS5 Filed as: BOON-CHAPMAN BENEFIT ADMINISTRATORS | PO BOX 9201, BLDG I STE 100 AUSTIN, TX 78766 | METLIFE LEGAL PALN | — | $79 | $79 | 6.95% |
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 | 73 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 73 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(4 contracts, 3 carriers) | BLUE CARE NETWORK OF MICHIGAN | 73 | $611K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 73 | $58K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 73 | $58K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 73 | $58K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 73 | $58K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 73 | $58K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 73 | $604K |
| Other(3 contracts, 3 carriers) | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 73 | $145K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 73 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.