| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL R ACKERMAN3 Filed as: MICHAEL F DEMPSEY | PO BOX 1428 ANN ARBOR, MI 48106 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $54K | — | $54K | 4.79% |
| DEMPSEY INC.3 Filed as: DEMPSEY, INC. | PO BOX 1428 ANN ARBOR, MI 48106 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | $942 | $942 | 0.08% |
| MICHAEL R ACKERMAN3 Filed as: MICHAEL F DEMPSEY | PO BOX 1428 ANN ARBOR, MI 48106 | BLUE CARE NETWORK OF MICHIGAN | $10K | — | $10K | 4.87% |
| DEMPSEY INC.3 Filed as: DEMPSEY, INC. | PO BOX 1428 ANN ARBOR, MI 48106 | BLUE CARE NETWORK OF MICHIGAN | — | $246 | $246 | 0.12% |
| DEMPSEY INC.3 Filed as: J DEMPSEY INC. | 1304 MAIN STREET ANN ARBOR, MI 48104 | PRINCIPAL LIFE INSURANCE COMPANY | $12K | — | $12K | 6.37% |
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 | 116 | 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) | 116 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 83 | $1.3M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 114 | $191K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 114 | $191K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 114 | $191K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 114 | $191K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 114 | $191K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 83 | $1.3M |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 114 | $191K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 114 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.