| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC4 Filed as: NFP CORPORATE SERVICES (MN) INC | 505 WATERFORD PARK HWY 169 PLYMOUTH, MN 55441 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $51K | $13K | $64K | 15.18% |
| NFP INSURANCE SERVICES INC3 Filed as: THE KNW GROUP LLC DBA NFP | 4350 BAKER ROAD STE 250 MINNETONKA, MN 55343 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $6K | — | $6K | 7.00% |
| DIRECT BENEFITS INC3 | 55 E 5TH ST STE 500 ST. PAUL, MN 55101 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $4K | — | $4K | 4.64% |
| AZURANCE GROUP3 Filed as: AZURANCE GROUP INC DBA NORIDIAN INS | 4510 13TH AVE S FARGO, ND 58121 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 3.00% |
| NFP INSURANCE SERVICES INC3 Filed as: NFP CORPORATE SERVICES (MN) INC | 505 WATERFORD PARK HWY 169 PLYMOUTH, MN 55441 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $16K | — | $16K | 19.73% |
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 | 801 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 806 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 1,082 | $80K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 806 | $422K |
| Short-term disability(2 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 806 | $502K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 806 | $422K |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 806 | $422K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,082 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.