| 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 | $19K | $10K | $28K | 5.31% |
| IMPERIAL GROUP, INC.3 | 2735 GLENBROOK COURT BLOOMFIELD HILLS, MI 48302 | THE UNION LABOR LIFE INSURANCE COMPANY | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 THIRD-PARTY ADMINISTRATOR | Float revenue; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Claims processing; Other fees; Insurance services; Consulting (general); Direct payment from the plan Service code 12 | — | $364K |
| BENESYS EIN 38-2383171 CONTRACT ADMINISTRATOR | Insurance brokerage commissions and fees; Insurance agents and brokers Service code 22 | — | $126K |
| MANER COSTERISAN, P.C. EIN 38-2157642 AUDITOR | Accounting (including auditing) Service code 10 | 2425 E GRAND RIVER AVE LANSING, MI 48912 | $40K |
| FRANK D MCALPINE, ESQ. ATTORNEY | Legal Service code 29 | 610 UNIVERSITY DRIVE EAST LANSING, MI 48823 | $31K |
| JEFFREY M. LESSER ATTORNEY | Legal Service code 29 | 30300 NORTHWESTERN HIGHWAY, SUITE 3 FARMINGTON HILLS, MI 48334 | $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 | 533 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 314 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 847 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | THE UNION LABOR LIFE INSURANCE COMPANY | 781 | $26K |
| Stop-loss / reinsurancereinsurance | BLUE CROSS BLUE SHIELD OF MICHIGAN | 642 | $531K |
| Other | THE UNION LABOR LIFE INSURANCE COMPANY | 781 | $26K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 781 | — |
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.