| 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 | — | $42K | $42K | 2.68% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED HEALTHCARE INSURANCE CO | $5K | — | $5K | 0.34% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | LIFE INSURANCE CO OF NORTH AMERICA(0561) | $6K | — | $6K | 10.62% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | LIFE INSURANCE CO OF NORTH AMERICA(3647) | $3K | — | $3K | 11.61% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | LIFE INSURANCE CO OF NORTH AMERICA (3646) | $3K | — | $3K | 11.83% |
| 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 | — | $652 | $652 | 3.92% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED OF OMAHA GUDE 0B4KX | $1K | — | $1K | 10.00% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | UNITED OF OMAHA GUDE 0B4KX | — | $521 | $521 | 5.15% |
| APEX FINANCIAL SERVICES3 | 27950 ORCHARD LAKE RD, STE 111 FARMINGTON HILLS, MI 48334 | LIFE INSURANCE CO OF NORTH AMERICA(1928) | $259 | — | $259 | 10.96% |
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 | 325 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 325 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | UNITED HEALTHCARE INSURANCE CO | 325 | $1.6M |
| Dental | BLUE CROSS BLUE SHIELD OF MICHIGAN | 0 | $0 |
| Vision | BLUE CROSS BLUE SHIELD OF MICHIGAN | 0 | $0 |
| Life insurance(3 contracts, 3 carriers) | LIFE INSURANCE CO OF NORTH AMERICA(0561) | 0 | $59K |
| Short-term disability(5 contracts, 5 carriers) | LIFE INSURANCE CO OF NORTH AMERICA (3646) | 62 | $57K |
| Long-term disability(2 contracts, 2 carriers) | LIFE INSURANCE CO OF NORTH AMERICA(3647) | 0 | $28K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 0 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 325 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.