| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL C WALKER Filed as: MICHAEL G BUCK | 38223 MOUND RD BLDG F STERLING HEIGHTS, MI 48310 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | $239K | $239K | 21.71% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 NONE | Consulting (general); Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Direct payment from the plan; Other fees; Claims processing; Float revenue; Insurance services Service code 12 | — | $4.0M |
| WEALTH AND PENSION ADMINISTRATION EIN 91-1363171 NONE | Accounting (including auditing); Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Claims processing; Direct payment from the plan Service code 10 | — | $871K |
| HEALTH PLAN ADVOCATE NONE | Other fees Service code 99 | 5380 CASCADE RE SE GRAND RAPIDS, MI 49503 | $316K |
| MICHAEL G BUCK NONE | Insurance agents and brokers; Non-monetary compensation; Insurance brokerage commissions and fees; Other commissions; Other fees Service code 22 | 38233 MOUND RD BLDG F STERING HEIGHTS, MI 48310 | $239K |
| DELTA DENTAL OF MICHIGAN EIN 38-1791480 NONE | Contract Administrator; Direct payment from the plan; Claims processing Service code 12 | — | $199K |
| MICHIGAN LABORERS FBF JDC EIN 34-2013845 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $175K |
| CLIFTON LARSON ALLEN NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | 1785 INDIANWOOD CIRCLE MAUMEE, OH 43537 | $154K |
| TRADE SOLUTIONS NONE | Copying and duplicating; Direct payment from the plan; Participant communication Service code 36 | PO BOX 1318 CLARKSTON, MI 48348 | $68K |
| SEGALL BRYANT & HAMILL EIN 41-1178835 NONE | Investment management fees paid directly by plan; Investment management Service code 28 | — | $55K |
| BENDA, GRACE, STULZ & COMPANY, P.C. EIN 38-2284921 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $32K |
| MEKETA INVESTMENT COMPANY EIN 04-2659023 NONE | Investment management fees paid directly by plan; Investment advisory (plan) Service code 27 | — | $31K |
| TIC MIDWEST EIN 13-2600875 NONE | Accounting (including auditing); Claims processing; Recordkeeping and information management (computing, tabulating, data processing, etc.); Contract Administrator; Direct payment from the plan Service code 10 | — | $31K |
| ROBERT W BAIRD & COMPANY INC NONE | Investment management; Investment management fees paid directly by plan Service code 28 | 300 PARK ST, STE 240 BIRMINGHAM, MI 48009 | $29K |
| WATKINS, PAWLICK, CALATI & PRIFTI NONE | Legal; Direct payment from the plan Service code 29 | 1423 E 12 MILE RD MADISON HEIGHTS, MI 48071 | $29K |
| CHEIRON EIN 13-4215617 NONE | Actuarial; Direct payment from the plan Service code 11 | — | $18K |
| COMERICA EIN 38-6222545 | Custodial (securities); Direct payment from the plan Service code 19 | — | $8K |
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 | 5,709 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1,241 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 6,950 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE | 1,083 | $2.9M |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE | 1,083 | $2.9M |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 5,982 | $1.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 5,982 | — |
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.