| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| EDWARD T FOLTZ3 | 2900 WEST ROAD SUITE 223 EAST LANSING, MI 487340147 | BLUE CARE NETWORK OF MICHIGAN | $20K | — | $20K | 4.48% |
| STRATEGIC BENEFITS NETWORK LLC3 | 5797 HARVEY STREET STE A NORTON SHORES, MI 494449444 | BLUE CARE NETWORK OF MICHIGAN | — | $43 | $43 | 0.01% |
| EDWARD T FOLTZ3 | 2900 WEST ROAD SUITE 223 EAST LANSING, MI 487340147 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $11K | — | $11K | 4.44% |
| STRATEGIC BENEFITS NETWORK LLC3 | 5797 HARVEY STREET STE A NORTON SHORES, MI 494449444 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | $732 | $732 | 0.28% |
| STRATEGIC BENEFITS NETWORK LLC3 Filed as: STRATEGIC BENEFITS NETWORK, LLC | 522 S MAIN ST FRANKENMUTH, MI 487341618 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | — | $8K | 9.18% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| EDWARD T FOLTZ AGENT | Other commissions; Non-monetary compensation; Other fees; Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | 2900 WEST ROAD SUITE 223 EAST LANSING, MI 487340147 | $31K |
| STRATEGIC BENEFITS NETWORK, LLC BROKER | Insurance agents and brokers; Insurance brokerage commissions and fees; Non-monetary compensation; Other commissions; Other fees Service code 22 | 522 S MAIN ST FRANKENMUTH, MI 487341618 | $9K |
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 | 165 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 165 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 58 | $694K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $89K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $89K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $89K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 58 | $694K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 165 | $89K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 165 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.