| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 | 755 W BIG BEAVER RD STE 2300 TROY, MI 48084 | DEARBOARN NATIONAL LIFE INSURANCE COMPANY | $18K | — | $18K | 8.77% |
| MARSH & MCLENNAN AGENCY LLC3 | 2300 RENAISSANCE BLVD KING OF PRUSSIA, PA 19406 | DEARBOARN NATIONAL LIFE INSURANCE COMPANY | — | $7K | $7K | 3.61% |
| MARSH & MCLENNAN AGENCY LLC3 | 755 W BIG BEAVER RD STE 2300 TROY, MI 48084 | VSP | $1K | — | $1K | 5.72% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 TPA | Float revenue; Consulting (general); Other fees; Claims processing; Insurance services; Recordkeeping and information management (computing, tabulating, data processing, etc.); Direct payment from the plan; Contract Administrator Service code 12 | — | $137K |
| REBECCA A MCLAUGHLAN INVESTMENT BKR | Other commissions; Other fees; Insurance brokerage commissions and fees; Insurance agents and brokers; Non-monetary compensation Service code 22 | 3331 W BIG BEAVER S200 TROY, MI 48084 | $19K |
| MARSH & MCLENNAN DBA MCGRAW INVESTMENT BKR | Insurance agents and brokers; Non-monetary compensation; Insurance brokerage commissions and fees; Other commissions; Other fees Service code 22 | 3331 W BIG BEAVER RD S200 TROY, MI 48084 | $1K |
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 | 152 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 161 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VSP | 127 | $21K |
| Life insurance | DEARBOARN NATIONAL LIFE INSURANCE COMPANY | 216 | $201K |
| Short-term disability | DEARBOARN NATIONAL LIFE INSURANCE COMPANY | 216 | $201K |
| Long-term disability | DEARBOARN NATIONAL LIFE INSURANCE COMPANY | 216 | $201K |
| Other | DEARBOARN NATIONAL LIFE INSURANCE COMPANY | 216 | $201K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 216 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.