| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ADVANTAGE BENEFITS GROUPS, INC3 Filed as: ADVANTAGE BENEFITS GROUPS, INC. | 89 MONROE STREET NW SUITE 200 GRAND RAPIDS, MI 49503 | EVEREST REINSURANCE COMPANY | $21K | — | $21K | 12.00% |
| ADVANTAGE BENEFITS GROUP3 Filed as: ADVANTAGE BENEFITS GROUP, INC. | 89 MONROE CENTER NW SUITE 200 GRAND RAPIDS, MI 49503 | SUN LIFE ASSURANCE COMPANY OF CANADA | $5K | — | $5K | 10.49% |
| ADVANTAGE BENEFITS GROUP3 Filed as: ADVANTAGE BENEFITS GROUP, INC. | 89 MONROE STREET NW SUITE 200 GRAND RAPIDS, MI 49503 | DELTA DENTAL | $4K | — | $4K | 8.82% |
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 | 115 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 115 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EVEREST REINSURANCE COMPANY | 0 | $175K |
| Dental | DELTA DENTAL | 168 | $44K |
| Vision | EVEREST REINSURANCE COMPANY | 0 | $175K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 115 | $48K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 115 | $48K |
| Stop-loss / reinsurancereinsurance | EVEREST REINSURANCE COMPANY | 0 | $175K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 168 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.