| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL C WALKER3 Filed as: MICHAEL G. BUCK | 38221 MOUND ROAD STERLING HEIGHTS, MI 48310 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $2K | — | $2K | 0.29% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 NONE | Insurance services; Other fees; Claims processing; Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Consulting (general); Float revenue; Contract Administrator Service code 12 | — | $1.7M |
| TIC INTERNATIONAL CORP EIN 13-2600875 NONE | Claims processing; Direct payment from the plan; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Accounting (including auditing) Service code 10 | — | $797K |
| MICHAEL G. BUCK NONE | Insurance agents and brokers; Other fees; Insurance brokerage commissions and fees; Non-monetary compensation; Other commissions Service code 22 | 38221 MOUND ROAD STERLING HEIGHTS, MI 48310 | $134K |
| LEGGHIO & ISREAL, PC EIN 38-1971448 NONE | Legal; Direct payment from the plan Service code 29 | — | $91K |
| MICHIGAN CARPENTERS PENSION FUND EIN 38-6233978 NONE | Direct payment from the plan; Other services Service code 49 | — | $40K |
| LOVASCO CONSULTING GROUP NONE | Consulting (general); Direct payment from the plan Service code 16 | 1 WOODWARD AVENUE 1500 DETROIT, MI 48226 | $35K |
| TRADE SOLUTIONS NONE | Participant communication; Copying and duplicating; Direct payment from the plan Service code 36 | PO BOX 1318 CLARKSTON, MI 48347 | $30K |
| BENDA, GRACE, STULZ & COMPANY P.C. EIN 38-2284921 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $24K |
| UNITED ACTUARIAL SERVICES EIN 35-2156428 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $12K |
| ERMAN, TEICHER, MILLER, ZUCKER EIN 38-1468534 NONE | Legal; Direct payment from the plan Service code 29 | — | $10K |
| PRESORT SERVICES NONE | Participant communication; Direct payment from the plan Service code 38 | 4908 CONTEC DRIVE LANSING, MI 48910 | $9K |
| SACHS WALDMAN PROFESSIONAL CORP. EIN 38-1905521 NONE | Legal; Direct payment from the plan Service code 29 | — | $8K |
| DBI BUSINESS INTERIORS NONE | Copying and duplicating; Direct payment from the plan Service code 36 | 912 EAST MICHIGAN LANSING, MI 48912 | $7K |
| NEW ENGLAND PENSION CONSULTANTS EIN 04-2927339 NONE | Investment management; Direct payment from the plan Service code 28 | — | $6K |
| CROWNE PLAZA LANSING WEST NONE | Direct payment from the plan; Other services Service code 49 | 925 SOUTH CREYTS ROAD LANSING, MI 48917 | $6K |
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 | 1,939 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 982 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,921 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL OF MICHIGAN | 4,880 | $1.0M |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 2,968 | $522K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 4,880 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.