| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILSHIRE BENEFITS GROUP INC3 Filed as: WILSHIRE BENEFITS GROUP, INC | 901 WILSHIRE DRIVE SUITE 330 TROY, MI 48084 | ALLIANCE HEALTH AND LIFE INSURANCE COMPANY | $47K | — | $47K | 2.88% |
| WILSHIRE BENEFITS GROUP INC3 Filed as: WILSHIRE BENEFITS GROUP | 901 WILSHIRE DRIVE SUITE 330 TROY, MI 48084 | PRINCIPAL LIFE INSURANCE COMPANY | $19K | $2K | $21K | 9.06% |
| DAVID N SOKOL3 Filed as: DAVID NEIL SOKOL | 901 WILSHIRE DRIVE SUITE 330 TROY, MI 48084 | NORTHWESTERN MUTUAL | $3K | $680 | $3K | 14.93% |
| MIRABELLA FNCL GRP LLC3 | 101 WEST BIG BEAVER ROAD SUITE 500 TROY, MI 48084 | NORTHWESTERN MUTUAL | $607 | $73 | $680 | 2.98% |
| BRIAN M DUGGAN3 | 201 WEST BIG BEAVER ROAD SUITE 930 TROY, MI 48084 | NORTHWESTERN MUTUAL | $304 | $89 | $393 | 1.72% |
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 | 332 | 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) | 332 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | ALLIANCE HEALTH AND LIFE INSURANCE COMPANY | 333 | $1.6M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $234K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $234K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $234K |
| Long-term disability | NORTHWESTERN MUTUAL | 40 | $23K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 332 | $234K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 333 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.