| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DARRIS FRANK GAROUFALIS3 Filed as: DARRIS FRANK GAROUFALIX | 700 TOWER DR STE 300 TROY, MI 48098 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $16K | $4K | $20K | 4.41% |
| IMPERIAL GROUP, INC.3 | 2735 GLENBROOK COURT BLOOMFIELD HILLS, MI 48302 | THE UNION LABOR LIFE INSURANCE COMPANY | $3K | — | $3K | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 THIRD-PARTY ADMINISTRATOR | Claims processing; Float revenue; Other fees; Contract Administrator; Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.); Consulting (general); Insurance services Service code 12 | — | $307K |
| BENESYS EIN 38-2383171 CONTRACT ADMINISTRATOR | Insurance agents and brokers; Insurance brokerage commissions and fees Service code 22 | — | $126K |
| JEFFREY M. LESSER ATTORNEY | Legal Service code 29 | 30300 NORTHWESTERN HIGHWAY, SUITE 3 FARMINGTON HILLS, MI 48334 | $76K |
| FRANK D MCALPINE, ESQ. ATTORNEY | Legal Service code 29 | 610 UNIVERSITY DRIVE EAST LANSING, MI 48823 | $14K |
| THE SEGAL COMPANY ACTUARY | Actuarial Service code 11 | 2000 TOWN CENTER, SUITE 1900 SOUTHFIELD, MI 48075 | $13K |
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 | 526 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 315 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 841 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE UNION LABOR LIFE INSURANCE COMPANY | 720 | $32K |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 600 | $451K |
| Other | THE UNION LABOR LIFE INSURANCE COMPANY | 720 | $32K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 720 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.