| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AMERICAN BENEFITS CONSULTING LLC3 | 101 PARK AVENUE 14TH FLOOR NEW YORK, NY 10178 | SECURIAN LIFE INSURANCE COMPANY | $0 | $128K | $128K | 2.25% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| WILLIS TOWERS WATSON US LLC EIN 53-0181291 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $1.7M |
| NORTHERN TRUST INVESTMENTS EIN 36-3608252 NONE | Investment management; Investment management fees paid directly by plan; Direct payment from the plan Service code 28 | — | $249K |
| WESTERN ASSET MANAGEMENT COMPANY EIN 95-2705767 NONE | Investment management; Direct payment from the plan; Investment management fees paid directly by plan Service code 28 | — | $115K |
| BANK OF NEW YORK MELLON EIN 13-5160382 NONE | Direct payment from the plan; Custodial (other than securities) Service code 18 | — | $99K |
| CLIFTONLARSONALLEN LLP EIN 41-0746749 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $67K |
| KMPG LLP EIN 13-5565207 NONE | Other services; Direct payment from the plan Service code 49 | — | $49K |
| 3M COMPANY EIN 41-0417775 PLAN SPONSOR | Direct payment from the plan; Plan Administrator Service code 14 | — | $41K |
| PLANTE & MORAN, PLLC EIN 38-1357951 NONE | Direct payment from the plan; Accounting (including auditing) Service code 10 | — | $37K |
| NEPC, LLC EIN 26-1429809 NONE | Direct payment from the plan; Consulting (general) Service code 16 | — | $31K |
| STEVEN DOUGLAS ASSOCIATES LLC EIN 82-3141626 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $31K |
| AON CONSULTING INC EIN 22-2232264 NONE | Direct payment from the plan; Consulting (general); Actuarial Service code 11 | — | $31K |
| SEYFARTH SHAW LLP EIN 36-2152202 NONE | Legal; Direct payment from the plan Service code 29 | — | $24K |
| HR ADVANTAGE INC NONE | Direct payment from the plan; Consulting (general) Service code 16 | 45315 S 7TH STREET #2485 MINNEAPOLIS, MN 55415 | $20K |
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 | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 42,907 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 42,907 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | SECURIAN LIFE INSURANCE COMPANY | 23,452 | $5.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 23,452 | — |
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."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.