| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARK W SMITH3 Filed as: MARK W. SMITH | 11281 CROOKED LAKE RD NE ROCKFORD, MI 49341 | PRIORITY HEALTH | $72K | — | $72K | 5.00% |
| MW SMITH & ASSOCIATES, LLC3 | 11281 CROOKED LAKE RD NE ROCKFORD, MI 49341 | DELTA DENTAL OF MICHIGAN | $9K | — | $9K | 9.24% |
| MW SMITH & ASSOCIATES, LLC3 | 6440 EAST FULTON, SUITE 200 ADA, MI 49301 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | — | $7K | 7.45% |
| MW SMITH & ASSOCIATES, LLC3 | 6440 EAST FULTON, SUITE 200 ADA, MI 49301 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $6K | — | $6K | 15.00% |
| MW SMITH & ASSOCIATES, LLC3 | 6440 EAST FULTON, SUITE 200 ADA, MI 49301 | STARMOUNT LIFE INSURANCE COMPANY | $3K | — | $3K | 11.27% |
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. |
| Total participants (= "Plan participants" tile) | 137 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PRIORITY HEALTH | 264 | $1.4M |
| Dental(2 contracts, 2 carriers) | DELTA DENTAL OF MICHIGAN | 266 | $123K |
| Vision | STARMOUNT LIFE INSURANCE COMPANY | 89 | $25K |
| Life insurance(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 137 | $140K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 137 | $97K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 137 | $97K |
| Prescription drug | PRIORITY HEALTH | 264 | $1.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 266 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.