| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC | 307 W 41ST ST SIOUX FALLS, SD 57105 | WELLMARK OF SOUTH DAKOTA, INC. | $12 | — | $12 | 0.00% |
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC. | 307 W 41ST ST SIOUX FALLS, SD 57109 | DELTA DENTAL OF SOUTH DAKOTA | $3K | — | $3K | 1.45% |
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC | 307 W 41ST ST SIOUX FALLS, SD 57105 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $6K | — | $6K | 10.00% |
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC | PO BOX 89010 SIOUX FALLS, SD 57109 | VISION SERVICE PLAN | $1K | — | $1K | 4.47% |
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC | 307 W 41ST ST SIOUX FALLS, SD 57105 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 10.00% |
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC | 307 W 41ST ST SIOUX FALLS, SD 57105 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $512 | — | $512 | 9.99% |
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 | 248 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 249 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | WELLMARK OF SOUTH DAKOTA, INC. | 181 | $2.0M |
| Dental | DELTA DENTAL OF SOUTH DAKOTA | 513 | $173K |
| Vision | VISION SERVICE PLAN | 161 | $33K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 263 | $61K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 129 | $32K |
| Prescription drug | WELLMARK OF SOUTH DAKOTA, INC. | 181 | $2.0M |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 250 | $5K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 513 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.