| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| M3 INSURANCE SOLUTIONS INC3 Filed as: M3 INSURANCE SOLUTIONS INC. | 828 JOHN NOLEN DRIVE MADISON, WI 53713 | STANDARD INSURANCE COMPANY | $169K | $74K | $244K | 13.05% |
| FAIRWAY INDEPENDENT MORTGAGE CORP3 | 4750 S BILTMORE LN MADISON, WI 53718 | STANDARD INSURANCE COMPANY | $0 | $14K | $14K | 0.72% |
| M3 INSURANCE SOLUTIONS INC3 Filed as: M3 INSURANCE SOLUTIONS INC. | 828 JOHN NOLEN DRIVE MADISON, WI 53713 | STANDARD INSURANCE COMPANY | $185K | $63K | $248K | 15.64% |
| FAIRWAY INDEPENDENT MORTGAGE CORP3 | 4750 S BILTMORE LN MADISON, WI 53713 | STANDARD INSURANCE COMPANY | $0 | $12K | $12K | 0.73% |
| M3 INSURANCE SOLUTIONS INC3 Filed as: M3 INSURANCE SOLUTIONS INC. | 828 JOHN NOLEN DRIVE MADISON, WI 53713 | STANDARD INSURANCE COMPANY | $348K | $50K | $399K | 25.62% |
| WATCHTOWER TECHNOLOGIES INC3 | 227 WEST MONROE ST STE 5200 CHICAGO, IL 60606 | STANDARD INSURANCE COMPANY | $0 | $2K | $2K | 0.12% |
| M3 FINANCIAL LLC3 | 828 JOHN NOLEN DRIVE MADISON, WI 53713 | BERKSHIRE LIFE INSURANCE COMPANY OF AMERICA | $93K | — | $93K | 27.89% |
| SECURA CONSULTANTS LLC3 | THE GUARDIAN LIFE INSURANCE CO 7 HANOVER SQUARE NEW YORK, NY 100042616 | BERKSHIRE LIFE INSURANCE COMPANY OF AMERICA | $27K | — | $27K | 8.19% |
| JODI ROTH3 | PROADVISOR INSURANCE AGENCY LLC 26026 TELEGRAPH STE 100 SOUTHFIELD, MI 48033 | BLUE CARE NETWORK OF MICHIGAN | $15K | — | $15K | 4.67% |
| JODI ROTH3 | PROADVISOR INSURANCE AGENCY LLC 26026 TELEGRAPH STE 101 SOUTHFIELD, MI 48033 | BLUE CROSS AND BLUE SHIELD OF MICHIGAN | — | — | $0 | 0.00% |
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 | 7,384 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 196 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 7,580 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | BLUE CARE NETWORK OF MICHIGAN | 47 | $718K |
| Vision(4 contracts, 3 carriers) | EYE MED | 11,942 | $1.2M |
| Life insurance | STANDARD INSURANCE COMPANY | 7,952 | $1.9M |
| Long-term disability | STANDARD INSURANCE COMPANY | 3,265 | $1.6M |
| Prescription drug(2 contracts, 2 carriers) | BLUE CARE NETWORK OF MICHIGAN | 47 | $497K |
| Stop-loss / reinsurancereinsurance | UNITEDHEALTHCARE INSURANCE COMPANY | 13,102 | $1.5M |
| Other(2 contracts, 2 carriers) | BERKSHIRE LIFE INSURANCE COMPANY OF AMERICA | 9,636 | $502K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 13,102 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.