| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LOVASCO CONSULTING GROUP INC3 | ONE WOODWARD AVENUE SUITE 1500 DETROIT, MI 48226 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $19K | $6K | $25K | 5.75% |
| LOVASCO CONSULTING GROUP INC3 Filed as: LOVASCO CONSULTING GROUP | 1 WOODWARD AVE STE 1500 DETROIT, MI 482265479 | VISION SERVICE PLAN | $2K | — | $2K | 2.94% |
| FINANCIAL CONCEPTS INC3 | PO BOX 554 ANN ARBOR, MI 48106 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $2K | $695 | $2K | 13.37% |
| GALLAGHER BENEFIT SERVICES, INC.3 Filed as: GALLAGHER BENEFIT SERVICES OF MI IN | 30150 TELEGRAPH ROAD STE 408 BINGHAM FARMS, MI 48025 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $312 | — | $312 | 1.78% |
| FINANCIAL CONCEPTS INC3 | PO BOX 554 ANN ARBOR, MI 48106 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $1K | — | $1K | 7.33% |
| MCNAMARA, PATRICK J3 | PO BOX 554 ANN ARBOR, MI 48106 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $1K | — | $1K | 6.31% |
| M FINANCIAL HOLDINGS INC3 | 1125 NW COUCH ST SUITE 900 PORTLAND, OR 97209 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | — | $489 | $489 | 3.00% |
| FINANCIAL CONCEPTS INC3 | PO BOX 554 ANN ARBOR, MI 48106 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $1K | $691 | $2K | 16.50% |
| M FINANCIAL HOLDINGS INC3 | 1125 NW COUCH ST STE 900 PORTLAND, OR 97209 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | — | $189 | $189 | 1.64% |
| LOVASO CONSULTING GROUP INC3 | ONE WOODWARD AVENUE STE 1500 DETROIT, MI 48226 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $470 | $201 | $671 | 12.43% |
| FINANCIAL CONCEPTS INC3 | PO BOX 554 ANN ARBOR, MI 48106 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | $470 | $67 | $537 | 9.94% |
| M FINANCIAL HOLDINGS INC3 | 1125 NW COUCH ST STE 900 PORTLAND, OR 97209 | PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY | — | $154 | $154 | 2.85% |
| LOVASCO CONSULTING GROUP INC3 | 1 WOODWARD AVE STE 1500 DETROIT, MI 48226 | HARTFORD LIFE AND ACCIDENT | $0 | — | $0 | — |
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 | 350 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 350 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HAWAI'I MEDICAL SERVICE ASSOCIATION | 16 | $176K |
| Dental(2 contracts, 2 carriers) | HAWAI'I MEDICAL SERVICE ASSOCIATION | 16 | $176K |
| Vision | VISION SERVICE PLAN | 358 | $71K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 438 | $428K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 438 | $428K |
| Prescription drug | TRIPLE S SALUD, INC. | 10 | $84K |
| Other(7 contracts, 4 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 438 | $563K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 438 | — |
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.