| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WINONA AGENCY, INC.3 | P.O. BOX 919 WINONA, MN 559870919 | PRINCIPAL LIFE INSURANCE COMPANY | $15K | $2K | $17K | 7.75% |
| WINONA AGENCY, INC.3 | AMY ELIZABETH STRIKE P.O. BOX 919 WINONA, MN 55987 | HEALTHPARTNERS, INC | $6K | — | $6K | 6.44% |
| WINONA AGENCY, INC.3 Filed as: WINONA AGENCY | 174 CENTER ST WINONA, MN 559873423 | VISION SERVICE PLAN | $989 | — | $989 | 5.90% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP, INC. | 7900 INTERNATIONAL DR STE 1040 BLOOMINGTON, MN 55425 | VISION SERVICE PLAN | $418 | — | $418 | 2.49% |
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 | 228 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 228 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | HEALTHPARTNERS, INC | 379 | $86K |
| Vision | VISION SERVICE PLAN | 159 | $17K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 434 | $217K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 434 | $217K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 434 | $217K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 434 | — |
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.