| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| CHRISTENSEN GROUP INC3 | 11100 BREN RD W MINNETONKA, MN 553439016 | PRINCIPAL LIFE INSURANCE COMPANY | $4K | — | $4K | 6.02% |
| DONALD B SCHREIFELS ASSOCIATES INC3 | 6900 WEDGWOOD RD N STE 340 MAPLE GROVE, MN 55311 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | $370 | $4K | 5.35% |
| CHRISTENSEN GROUP INC3 | 11100 BREN RD W MINNETONKA, MN 553439016 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 10.73% |
| DONALD B SCHREIFELS ASSOCIATES INC3 Filed as: DONALD B SCHREIFELS ASSOCIATION INC | 6900 WEDGWOOD RD N STE 340 MAPLE GROVE, MN 55311 | PRINCIPAL LIFE INSURANCE COMPANY | $1K | $175 | $1K | 5.01% |
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 | 118 | Currently employed and enrolled or eligible. |
| Retired/separated still eligible | 5 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 123 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | PRINCIPAL LIFE INSURANCE COMPANY | 150 | $93K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 150 | $70K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 150 | $70K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 150 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.