| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GOODMAN VENEGAS INSURANCE AGENCY3 | 2800 LIVERNOIS RD S-170 TROY, MI 43604 | BLUECROSS BLUESHIELD OF MICHIGAN | — | $4K | $4K | 0.13% |
| REGINA JESSUP GOODMAN3 | 2800 LIVERNOIS RD S-170 TROY, MI 48083 | BLUECROSS BLUESHIELD OF MICHIGAN | $6K | — | $6K | 0.89% |
| GOODMAN VENEGAS INSURANCE AGENCY3 | 2800 LIVERNOIS RD S-170 TROY, MI 48083 | BLUECROSS BLUESHIELD OF MICHIGAN | — | $4K | $4K | 0.57% |
| GOODMAN VENEGAS INSURANCE AGENCY3 | 2800 LIVERNOIS RD STE 170 TROY, MI 48083 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $14K | $2K | $16K | 17.07% |
| GOODMAN VENEGAS INSURANCE AGENCY3 | 2800 LIVERNOIS RD STE 170 TROY, MI 48083 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $10K | $2K | $11K | 17.45% |
| GOODMAN VENEGAS INSURANCE AGENCY3 | 2800 LIVERNOIS RD STE 170 TROY, MI 48083 | LINCOLN FINANCIAL GROUP | $7K | $2K | $9K | 18.23% |
| GOODMAN VENEGAS INSURANCE AGENCY3 | 2800 LIVERNOIS RD STE 170 TROY, MI 48083 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $7K | $1K | $8K | 17.62% |
| GOODMAN VENEGAS INSURANCE AGENCY3 | 2800 LIVERNOIS RD STE 170 TROY, MI 48083 | VSP VISION CARE | $1K | — | $1K | 4.44% |
| GOODMAN VENEGAS INSURANCE AGENCY3 | 2800 LIVERNOIS RD STE 170 TROY, MI 48083 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $4K | $909 | $5K | 18.59% |
| GOODMAN VENEGAS INS AGCY3 | 2800 LIVERNOIS STE 170 TROY, MI 48083 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $562 | $2K | 26.93% |
| GOODMAN VENEGAS INS AGCY3 | 2800 LIVERNOIS STE 170 TROY, MI 48083 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $535 | $2K | 26.77% |
| GOODMAN VENEGAS INS AGCY3 | 2800 LIVERNOIS STE 170 TROY, MI 48083 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | $469 | $2K | 26.85% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| REGINA JESSUP GOODMAN BROKER | Insurance agents and brokers; Non-monetary compensation; Insurance brokerage commissions and fees; Other commissions; Other fees Service code 22 | 2800 LIVERNOIS S-170 TROY, MI 48083 | $6K |
| GOODMAN VENEGAS INS AGENCY BROKER | Other fees; Insurance agents and brokers; Non-monetary compensation; Insurance brokerage commissions and fees; Other commissions Service code 22 | 2800 LIVERNOIS S-170 TROY, MI 48083 | $4K |
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 | 265 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 269 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | BLUECROSS BLUESHIELD OF MICHIGAN | 501 | $3.4M |
| Dental | BLUECROSS BLUESHIELD OF MICHIGAN | 501 | $676K |
| Vision | VSP VISION CARE | 235 | $32K |
| Life insurance | LINCOLN FINANCIAL GROUP | 364 | $47K |
| Long-term disability(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 89 | $90K |
| Prescription drug(2 contracts) | BLUECROSS BLUESHIELD OF MICHIGAN | 501 | $3.4M |
| Other(6 contracts, 2 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 364 | $210K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 501 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.