| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THEODORE SOUPHIS3 | 5600 NEW KING DRIVE STE. 210 TROY, MI 48098 | BLUE CARE NETWORK OF MICHIGAN | $18K | — | $18K | 4.82% |
| THEODORE SOUPHIS3 | 5600 NEW KING DRIVE STE. 210 TROY, MI 48098 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $16K | — | $16K | 5.18% |
| INSURANCE CONSULTING ASSOCIATES LLC3 | 101 E BIG BEAVER RD, STE 115 TROY, MI 48084 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | — | $4K | 7.46% |
| HUB INTERNATIONAL MIDWEST LIMITED3 | 5600 NEW KING DRIVE STE. 210 TROY, MI 48098 | METROPOLITAN LIFE INSURANCE COMPANY | $867 | — | $867 | 1.70% |
| IBEX INSURANCE AGENCY3 | 27750 STANSBURY BLVD. STE. 100 FARMINGTON HILLS, MI 48334 | EYEMED VISION CARE | $348 | — | $348 | 3.45% |
| HUB INTERNATIONAL MIDWEST LIMITED3 | 5600 NEW KING DRIVE STE. 210 TROY, MI 48098 | EYEMED VISION CARE | $333 | — | $333 | 3.30% |
| IBEX INSURANCE AGENCY3 | 30600 NORTHWESTERN HIGHWAY FARMINGTON HILLS, MI 48334 | EYEMED VISION CARE | $328 | — | $328 | 3.25% |
| INSURANCE CONSULTING ASSOCIATES LLC3 Filed as: INSURANCE CONSULTING ASSOCIATES | 101 E BIG BEAVER RD, STE 115 TROY, MI 48084 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $468 | $311 | $779 | 12.44% |
| HUB INTERNATIONAL MIDWEST LIMITED3 | 5600 NEW KING DRIVE STE. 210 TROY, MI 48098 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $158 | — | $158 | 2.52% |
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 | 120 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 120 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 71 | $672K |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 158 | $51K |
| Vision | EYEMED VISION CARE | 152 | $10K |
| Life insurance | UNITED OF OMAHA LIFE INSURANCE COMPANY | 89 | $6K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 71 | $672K |
| Other | UNITED OF OMAHA LIFE INSURANCE COMPANY | 89 | $6K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 158 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.