| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC. | 307 W 41ST ST SIOUX FALLS, SD 57109 | DELTA DENTAL OF SOUTH DAKOTA | $2K | — | $2K | 1.49% |
| 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 | 4.45% |
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC | 307 W 41ST ST SIOUX FALLS, SD 57105 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $447 | — | $447 | 1.50% |
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC | 307 W 41ST ST SIOUX FALLS, SD 57105 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 66.45% |
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 | 233 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 233 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | WELLMARK OF SOUTH DAKOTA, INC. | 167 | $2.0M |
| Dental | DELTA DENTAL OF SOUTH DAKOTA | 465 | $165K |
| Vision | VISION SERVICE PLAN | 153 | $33K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 234 | $56K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 124 | $30K |
| Prescription drug | WELLMARK OF SOUTH DAKOTA, INC. | 167 | $2.0M |
| Other | LIFE INSURANCE COMPANY OF NORTH AMERICA | 232 | $4K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 465 | — |
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.