| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PAUL M SNIDER3 | 28555 ORCHARD LAKE RD STE 110 FARMINGTON HILLS, MI 483342973 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $49K | — | $49K | 2.19% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP SCHECHTER BENEFITS LLC | 2000 TOWN CENTER STE 1820 SOUTHFIELD, MI 480751352 | BLUE CROSS BLUE SHIELD OF MICHIGAN | — | $2K | $2K | 0.07% |
| PAUL M SNIDER3 | 28555 ORCHARD LAKE RD STE 110 FARMINGTON HILLS, MI 483342973 | BLUE CARE NETWORK OF MICHIGAN | $25K | — | $25K | 2.17% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP SCHECHTER BENEFITS LLC | 2000 TOWN CENTER STE 1820 SOUTHFIELD, MI 480751352 | BLUE CARE NETWORK OF MICHIGAN | — | $2K | $2K | 0.14% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP SCHECHTER BENEFITS LLC | 28555 ORCHARD LAKE RD STE 110 FARMINGTON HILLS, MI 483342973 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $14K | $4K | $18K | 3.93% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP SCHECHTER BENEFITS LLC | 28555 ORCHARD LAKE RD STE 110 FARMINGTON HILLS, MI 48334 | STARMOUNT LIFE INSURANCE COMPANY | $8K | $4K | $12K | 5.49% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP SCHECHTER BENEFITS LLC | 28555 ORCHARD LAKE RD STE 110 FARMINGTON HILLS, MI 48334 | UNUM LIFE INSURANCE COMPANY OF AMERICA (2) | $15K | $748 | $16K | 15.75% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PAUL M SNIDER AGENT OR BROKER | Insurance agents and brokers Service code 22 | 28555 ORCHARD LAKE RD STE 110 FARMINGTON HILLS, MI 48334 | $74K |
| NFP SCHECHTER BENEFITS, LLC AGENT OR BROKER | Insurance agents and brokers Service code 22 | 28555 ORCHARD LAKE RD STE 110 FARMINGTON HILLS, MI 48334 | $49K |
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 | 1,315 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 1,315 | 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 | 304 | $3.4M |
| Dental | STARMOUNT LIFE INSURANCE COMPANY | 260 | $222K |
| Vision | STARMOUNT LIFE INSURANCE COMPANY | 260 | $222K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 346 | $449K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 346 | $449K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 346 | $449K |
| Prescription drug(2 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 304 | $3.4M |
| Other(2 contracts, 2 carriers) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 346 | $549K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 346 | — |
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."
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.