| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSOCIATED BENEFITS & RISK CON3 Filed as: ASSOCIATED BENEFITS & RISK CONSULT. | TOLLEFSRUD, PATRICK 6000 CLEARWATER DRIVE MINNETONKA, MN 55343 | HEALTHPARTNERS INC. | $27K | $2 | $27K | 4.55% |
| ASSOCIATED FINANCIAL GROUP LLC3 | 711 EISENHOWER DRIVE KIMBERLY, WI 54136 | DELTA DENTAL OF MINNESOTA | $7K | — | $7K | 10.96% |
| ASSOCIATED FINANCIAL GROUP LLC3 | 12600 WHITEWATER DRIVE, SUITE 100 MINNETONKA, MN 55343 | UNION SECURITY INSURANCE COMPANY | $5K | $866 | $6K | 13.76% |
| ASSOCIATED FINANCIAL GROUP LLC3 Filed as: ASSOCIATED FINANCIAL GROUP | 12600 WHITEWATER DRIVE STE 100 MINNETONKA, MN 55343 | UNION SECURITY INSURANCE COMPANY | $358 | $37 | $395 | 22.07% |
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 | 161 | 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) | 161 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTHPARTNERS INC. | 114 | $592K |
| Dental | DELTA DENTAL OF MINNESOTA | 150 | $68K |
| Vision | UNION SECURITY INSURANCE COMPANY | 124 | $41K |
| Life insurance | UNION SECURITY INSURANCE COMPANY | 124 | $41K |
| Short-term disability | UNION SECURITY INSURANCE COMPANY | 124 | $41K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 124 | $41K |
| Other(3 contracts, 2 carriers) | UNION SECURITY INSURANCE COMPANY | 159 | $46K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 159 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.