| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PETERSON MCGREGOR & ASSOC INC.3 | 1368 BUSINESS PARK DR TRAVERSE CITY, MI 49686 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $21K | — | $21K | 3.83% |
| PETERSON MCGREGOR & ASSOC INC.3 | 1368 BUSINESS PARK DR TRAVERSE CITY, MI 49686 | HEALTH CARE SERVICE CORPORATION | $22K | — | $22K | 4.27% |
| EBRM3 | 823 COMMERCE DR, SUITE 350 OAK BROOK, IL 60523 | HEALTH CARE SERVICE CORPORATION | $3K | $240 | $4K | 0.69% |
| RESOURCE BROKERAGE LLC3 Filed as: RESOURCE BROKERAGE | 1501 EAST WOODFIELD ROAD SUITE 110E SCHAUMBURG, IL 601734785 | HEALTH CARE SERVICE CORPORATION | $665 | — | $665 | 0.13% |
| PETERSON MCGREGOR & ASSOC INC.3 | 1368 BUSINESS PARK DR TRAVERSE CITY, MI 49686 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $4K | — | $4K | 13.64% |
| PETERSON MCGREGOR & ASSOC INC.3 | 1368 BUSINESS PARK DR TRAVERSE CITY, MI 49686 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | — | $1K | 4.99% |
| PETERSON MCGREGOR & ASSOC INC.3 | 1368 BUSINESS PARK DR TRAVERSE CITY, MI 49686 | SECURIAN LIFE INSURANCE COMPANY | $1K | — | $1K | 7.61% |
| WRIGHT & ASSOCIATES INSURANCE GROUP3 | 401 WEST FRONT STREET TRAVERSE CITY, MI 49684 | SECURIAN LIFE INSURANCE COMPANY | $771 | — | $771 | 5.00% |
| PETERSON MCGREGOR & ASSOC INC.3 | 1368 BUSINESS PARK DR TRAVERSE CITY, MI 49686 | VISION SERVICE PLAN | $574 | — | $574 | 8.87% |
No Schedule C service providers reported on this filing.
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 | 137 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 139 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 97 | $1.1M |
| Dental(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 85 | $39K |
| Vision | VISION SERVICE PLAN | 30 | $6K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 137 | $27K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 137 | $27K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 97 | $1.1M |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 137 | $27K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 137 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.