| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JEFFERY BILOT3 | 25 WEST 8TH STREET SUITE 300 12 HOLLAND, MI 494233173 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $59K | $0 | $59K | 2.90% |
| MICHAEL S HILL3 | 45 COLDBROOK ST NW GRAND RAPIDS, MI 49503 | BLUE CROSS BLUE SHIELD OF MICHIGAN | $0 | $3K | $3K | 0.14% |
| EDIFY LLC3 | 25 WEST 8TH STREET SUITE 300 HOLLAND, MI 49423 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $0 | $3K | 5.68% |
| EDIFY LLC3 | 25 WEST 8TH STREET SUITE 300 HOLLAND, MI 49423 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $3K | $0 | $3K | 13.64% |
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 | 249 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 5 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 255 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS BLUE SHIELD OF MICHIGAN | 396 | $2.0M |
| Dental | BLUE CROSS BLUE SHIELD OF MICHIGAN | 396 | $2.0M |
| Vision | BLUE CROSS BLUE SHIELD OF MICHIGAN | 396 | $2.0M |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 188 | $54K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 188 | $21K |
| Prescription drug | BLUE CROSS BLUE SHIELD OF MICHIGAN | 396 | $2.0M |
| Other | RELIANCE STANDARD LIFE INSURANCE COMPANY | 188 | $54K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 396 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.