| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL PANNUTO3 | 28764 HARPER ST. ST. CLAIR SHORES, MI 48081 | BLUE CARE NETWORK OF MICHIGAN | $61K | $1K | $62K | 4.28% |
| MICHAEL PANNUTO3 Filed as: MICHAEL P PANNUTO | 45445 MOUND ROAD STE 102 SHELBY TOWNSHIP, MI 483175178 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $42K | $672 | $43K | 3.93% |
| MICHAEL PANNUTO3 | 45445 MOUND ROAD STE 102 SHELBY TOWNSHIP, MI 483175178 | METROPOLITAN LIFE INSURANCE COMPANY | $34K | $2K | $37K | 13.50% |
| MICHAEL PANNUTO3 | 28764 HARPER ST. ST. CLAIR SHORES, MI 48081 | GUARDIAN | $25K | $0 | $25K | 10.23% |
| EHIM5 Filed as: EHIM, INC. | 26711 NORTHWESTERN HWY SUITE 400 SOUTHFIELD, MI 48033 | EMLOYEE HEALTH INSURANCE MANAGEMENT, INC. | — | $15K | $15K | — |
| MICHAEL PANNUTO3 | 28764 HARPER ST. CLAIR SHORES, MI 48081 | EMLOYEE HEALTH INSURANCE MANAGEMENT, INC. | $2K | $0 | $2K | — |
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 | 542 | 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) | 542 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 322 | $2.5M |
| Dental(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 542 | $518K |
| Vision(2 contracts, 2 carriers) | METROPOLITAN LIFE INSURANCE COMPANY | 542 | $518K |
| Life insurance | GUARDIAN | 263 | $245K |
| Short-term disability | GUARDIAN | 263 | $245K |
| Long-term disability | GUARDIAN | 263 | $245K |
| Prescription drug | EMLOYEE HEALTH INSURANCE MANAGEMENT, INC. | 258 | $0 |
| Other | GUARDIAN | 263 | $245K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 542 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.