| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| THE JAMES B OSWALD COMPANY3 Filed as: JAMES F PICKFORD | PO BOX 189 JACKSON, MI 49204 | BLUE CARE NETWORK OF MICHIGAN | $42K | $612 | $42K | 4.17% |
| NONE | — | THE UNION LABOR LIFE INSURANCE CO | — | — | $0 | 0.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| LAURA PATTERSON EIN 38-6114034 EMPLOYEE OF FUND | Direct payment from the plan; Employee (plan) Service code 30 | — | $35K |
| MORRIS KALISH & WALGREN EIN 38-2182492 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | 26877 NORTHWESTERN HWY SOUTHFIELD, MI 48033 | $8K |
| SACHS WALDMAN EIN 38-1905521 ATTORNEY'S FOR THE UNION | Direct payment from the plan; Legal Service code 29 | 1423 E TWELVE MILE RD MADISON HEIGHTS, MI 48071 | $8K |
| MORGAN STANLEY SMITH BARNEY, LLC EIN 20-8764829 INVESTMENT ADVISOR | Direct payment from the plan; Investment advisory (plan); Other investment fees and expenses Service code 27 | 39401 WOODWARD AVE 300 BIRMINGHAM, MI 48009 | $5K |
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 | 98 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 58 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 156 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CARE NETWORK OF MICHIGAN | 187 | $1.0M |
| Vision | BLUE CARE NETWORK OF MICHIGAN | 187 | $1.0M |
| Life insurance | THE UNION LABOR LIFE INSURANCE CO | 156 | $8K |
| Prescription drug | BLUE CARE NETWORK OF MICHIGAN | 187 | $1.0M |
| Other | THE UNION LABOR LIFE INSURANCE CO | 156 | $8K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 187 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.