| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED HEALTHCARE INSURANCE CO | — | $41K | $41K | 2.91% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED HEALTHCARE INSURANCE CO | $5K | — | $5K | 0.36% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | LIFE INSURANCE CO OF NORTH AMERICA(0561) | $7K | — | $7K | 13.38% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | LIFE INSURANCE CO OF NORTH AMERICA(3647) | $3K | — | $3K | 13.87% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | LIFE INSURANCE CO OF NORTH AMERICA (3646) | $3K | — | $3K | 14.57% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED OF OMAHA GUDH 0B4KX | $3K | — | $3K | 20.00% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED OF OMAHA GUDH 0B4KX | — | $182 | $182 | 1.29% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED OF OMAHA GUDE 0B4KX | $721 | — | $721 | 10.01% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED OF OMAHA GUDE 0B4KX | — | $109 | $109 | 1.51% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | LIFE INSURANCE CO OF NORTH AMERICA(1928) | $292 | — | $292 | 13.12% |
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 | 418 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 418 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED HEALTHCARE INSURANCE CO | 418 | $1.4M |
| Life insurance | LIFE INSURANCE CO OF NORTH AMERICA(0561) | 0 | $51K |
| Short-term disability(4 contracts, 4 carriers) | LIFE INSURANCE CO OF NORTH AMERICA (3646) | 49 | $44K |
| Long-term disability | LIFE INSURANCE CO OF NORTH AMERICA(3647) | 0 | $23K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 418 | — |
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."
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.