| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASR HEALTH BENEFITS3 Filed as: ASR HEALTH BENEFTIS | 618 KENMORE AVE SE SUITE 200 GRAND RAPIDS, MI 49546 | COMPANION LIFE/SUMMIT RE | — | $91K | $91K | 18.00% |
| AUSTIN FINANCIAL GROUP LLC | 38500 WOODWARD AVE STE 360 BLOOMFIELD HILLS, MI 48304 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $5K | — | $5K | 5.61% |
| CREATIVE BENEFITS SOLUTIONS Filed as: CREATIVE BENEFITS SOLUTIONS LLC | 5435 CORPORATE DRIVE STE 260 TROY, MI 48098 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $919 | $179 | $1K | 1.14% |
| AUSTIN FINANCIAL GROUP LLC Filed as: AUSTIN, DEAN E. | 38500 WOODWARD AVE STE360 BLOOMFIELD HILLS, MI 48304 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $1K | $1K | 1.10% |
| AUSTIN FINANCIAL GROUP LLC | 40950 WOODWARD AVE STE 360 BLOOMFIELD HILLS, MI 38304 | GUARDIAN | $8K | — | $8K | 14.54% |
| INSURANCE CONSULITNG ASSO LLC3 | 27750 STANSBURY #100 FARMINGTON HILLS, MI 48334 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | $175 | $175 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ASR HEALTH BENEFITS EIN 38-2651185 THIRD PARTY ADMINISTRATOR | Contract Administrator Service code 13 | — | $70K |
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069783 THIRD PARTY ADMINISTRATOR | Claims processing; Contract Administrator; Consulting (general); Recordkeeping and information management (computing, tabulating, data processing, etc.); Float revenue; Insurance services; Other fees; Direct payment from the plan Service code 12 | — | $11K |
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 | 154 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 154 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | ASR HEALTH BENEFITS | 139 | $0 |
| Dental | BLUE CROSS BLUE SHIELD OF MICHIGAN | 154 | $0 |
| Life insurance(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 172 | $154K |
| Short-term disability | GUARDIAN | 167 | $58K |
| Long-term disability(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 172 | $154K |
| Stop-loss / reinsurancereinsurance | COMPANION LIFE/SUMMIT RE | 139 | $506K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 172 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.