| 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 CROSS BLUE SHIELD OF MICHIGAN | $10K | $2K | $11K | 0.69% |
| LORI J ZAJAC3 | PO BOX 189 JACKSON, MI 49204 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $1K | — | $1K | 1.97% |
| JFP BENEFIT MANAGEMENT INC3 | 100 SOUTH JACKSON SUITE 200 JACKSON, MI 49204 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $1K | — | $1K | 9.04% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN EIN 38-2069753 TPA | Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.); Other fees; Claims processing; Non-monetary compensation; Direct payment from the plan; Float revenue; Insurance services; Consulting (general) Service code 12 | — | $101K |
| JFP BENEFITS MANAGEMENT, INC. EIN 38-2719340 THIRD PARTY ADMINISTRATOR | Claims processing Service code 12 | — | $55K |
| FISHER SPIEGEL KUNKLE & GERBER PLLC EIN 38-2771156 AUDITOR | Accounting (including auditing) Service code 10 | 4625 BECKLEY ROAD BLDG 40 BATTLE CREEK, MI 49015 | $10K |
| SEBER TANS, PLC EIN 20-0503877 CERTIFIED PUBLIC ACCOUNT | Accounting (including auditing) Service code 10 | 555 W. CROSSTOWN PARKWAY KALAMAZOO, MI 49008 | $7K |
| MCGINTY, HITCH, & ASSOCIATES EIN 38-2060103 ATTORNEY | Legal Service code 29 | — | $5K |
| EVERGREEN BOOKKEEPING SOLUTIONS LLC EIN 38-3307821 BOOKKEEPING | Accounting (including auditing) Service code 10 | P.O. BOX 475 OSHTEMO, MI 49077 | $890 |
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 | 123 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 10 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 133 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 129 | $1.7M |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 113 | $16K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 10 | $51K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 129 | — |
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.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.