| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KIM A TRAXLER3 | 14460 LAKESIDE CIRCLE, SUITE 130 STERLING HEIGHTS, MI 48313 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $35K | — | $35K | 1.24% |
| AARON M LOISELLE3 | ONE WOODWARD AVENUE STE 1500 DETROIT, MI 482265479 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $14K | — | $14K | 0.49% |
| LOVASCO CONSULTING GROUP INC3 | ONE WOODWARD AVE STE 1500 DETROIT, MI 48226 | DEARBORN NATIONAL LIFE INSURANCE | $20K | — | $20K | 9.16% |
| PROFESSIONAL BENEFITSOURCE INC3 | 14460 LAKESIDE CIRCLE STE 130 STERLING HEIGHTS, MI 48313 | DEARBORN NATIONAL LIFE INSURANCE | $9K | — | $9K | 4.44% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| KIM A TRAXLER INSURANCE BROKER | Other commissions; Non-monetary compensation; Other fees; Insurance brokerage commissions and fees; Insurance agents and brokers Service code 22 | 14460 LAKESIDE CIRCLE STERLING HTS, MI 48313 | $35K |
| LOVASCO CONSULTING GROUP INC INSURANCE BROKER | Insurance agents and brokers; Non-monetary compensation; Other commissions; Other fees; Insurance brokerage commissions and fees Service code 22 | 1 WOODWARD AVE STE 1500 DETROIT, MI 48226 | $20K |
| AARON M LOISELLE INSURANCE BROKER | Other commissions; Insurance agents and brokers; Insurance brokerage commissions and fees; Non-monetary compensation; Other fees Service code 22 | ONE WOODWARD AVE STE 1500 DETROIT, MI 482265479 | $14K |
| PROFESSIONAL BENEFITSOURCE INC INSURANCE BROKER | Other fees; Non-monetary compensation; Insurance brokerage commissions and fees; Other commissions; Insurance agents and brokers Service code 22 | 14460 LAKESIDE CR STE 130 STERLING HEIGHTS, MI 48313 | $9K |
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 | 289 | 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) | 289 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 783 | $2.9M |
| Dental | BLUE CROSS BLUE SHIELD OF MICHIGAN | 783 | $2.9M |
| Vision | BLUE CROSS BLUE SHIELD OF MICHIGAN | 783 | $2.9M |
| Life insurance | DEARBORN NATIONAL LIFE INSURANCE | 408 | $213K |
| Short-term disability | DEARBORN NATIONAL LIFE INSURANCE | 408 | $213K |
| Long-term disability | DEARBORN NATIONAL LIFE INSURANCE | 408 | $213K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 783 | $2.9M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 783 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.