| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WEADOCK & ASSOCIATES LLC3 | 1001 MEDICAL PARK DRIVE SE, STE 204 GRAND RAPIDS, MI 49546 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $37K | — | $37K | 7.50% |
| WILLIAM J. GRZESIAK3 | 4547 N BUTTERNUT AVENUE BEVERLY HILLS, FL 34465 | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $37K | — | $37K | 7.50% |
| COVERYS INS SVCS INC3 Filed as: COVERYS INSURANCE SERVICES, INC. | 3100 WEST ROAD BUILDING 1, SUITE 200 EAST LANSING, MI 48823 | GERBER LIFE & ACCIDENT INSURANCE COMPANY | $344 | — | $344 | 14.99% |
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 | 28,349 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 405 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 471 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 29,225 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(21 contracts) | PRIORITY HEALTH | 23,002 | $298.4M |
| Vision(14 contracts) | VISION SERVICE PLAN | 6,105 | $3.7M |
| Life insurance | RELIASTAR LIFE INSURANCE COMPANY | 27,780 | $6.2M |
| Long-term disability | PRUDENTIAL INSURANCE COMPANY OF AMERICA | 27,589 | $5.8M |
| Prescription drug(21 contracts) | PRIORITY HEALTH | 23,002 | $298.4M |
| Other(4 contracts, 4 carriers) | RELIASTAR LIFE INSURANCE COMPANY | 27,780 | $7.6M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 27,780 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.