| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GIBSON INSURANCE AGENCY, INC. Filed as: GIBSON INSURANCE AGENCY | 202 S. MICHIGAN STREET SUITE 1400 SOUTH BEND, IN 46601 | RELIANCE STANDARD | $5K | — | $5K | 3.67% |
| JAMES GUNN | 732 CLARK CROSSING SE GRAND RAPIDS, MI 49506 | RELIANCE STANDARD | $3K | — | $3K | 2.11% |
| ROBERT S. VANDERVEEN Filed as: ROBERT KOL | 2401 CAMELOT CT SE SUITE B GRAND RAPIDS, MI 49546 | RELIANCE STANDARD | $30 | — | $30 | 0.02% |
| JAMES GUNN | 8739 GLEN NEVIS RD ADA, MI 49301 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 5.29% |
| MMA SERVICE CORP | 620 S CAPITOL AVE LANSING, MI 48933 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 5.00% |
| GIBSON INSURANCE AGENCY, INC. Filed as: GIBSON INSURANCE AGENCY INC | 202 S MICHIGAN STREET SUITE 1400 SOUTH BEND, IN 46601 | METROPOLITAN LIFE INSURANCE COMPANY | $634 | — | $634 | 2.01% |
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 | 676 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 676 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 780 | $32K |
| Long-term disability | RELIANCE STANDARD | 723 | $141K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 780 | $32K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 780 | — |
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."
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.