| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BENEFITS PARTNER LLC3 | 38221 MOUND ROAD BLDG F STERLING HEIGHTS, MI 48310 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $38K | $1K | $39K | 15.42% |
| BENEFITS PARTNER LLC3 | 38221 MOUND ROAD BLDG G STERLING HEIGHTS, MI 48310 | METROPOLITAN LIFE INSURANCE COMPANY | $22K | $256 | $22K | 9.99% |
| BENEFITS PARTNER LLC3 | 38221 MOUND ROAD BLDG F STERLING HEIGHTS, MI 48310 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | $154 | $6K | 15.42% |
| MICHAEL BUCK3 Filed as: MICHAEL A BRILLATI | 38221 MOUND ROAD BLDG G STERLING HEIGHTS, MI 48310 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | $0 | $1K | 9.98% |
| BENEFITS PARTNER LLC3 | 38221 MOUND ROAD BLDG G STERLING HEIGHTS, MI 48310 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $126 | $126 | 0.87% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 TPA | Insurance services; Float revenue; Recordkeeping and information management (computing, tabulating, data processing, etc.); Consulting (general); Other fees; Direct payment from the plan; Claims processing; Contract Administrator Service code 12 | 600 E LAFAYETTE STREET DETROIT, MI 48226 | $112K |
| BENEFITS PARTNER LLC EIN 20-2024076 AGENT/BROKER | Insurance agents and brokers; Other fees; Non-monetary compensation; Insurance brokerage commissions and fees; Other commissions Service code 22 | 38221 MOUND ROAD BLDG G STERLING HEIGHTS, MI 48310 | $0 |
| MICHAEL A BRILLATI EIN 20-2024076 AGENT/BROKER | Insurance agents and brokers; Insurance brokerage commissions and fees; Other commissions; Other fees; Non-monetary compensation Service code 22 | 38221 MOUND ROAD BLDG G STERLING HEIGHTS, MI 48310 | $0 |
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 | 183 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 185 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 549 | $223K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 549 | $223K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 171 | $15K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 73 | $36K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 153 | $250K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 171 | $15K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 549 | — |
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.
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.