| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MHS INSURANCE AGENCY LLC3 | 10900 WAYZATA BLVD STE 130 MINNETONKA, MN 55305 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $11K | — | $11K | 10.00% |
| MHS INSURANCE AGENCY LLC3 | 10900 WAYZATA BLVD STE 130 MINNETONKA, MN 55305 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $9K | — | $9K | 10.00% |
| MHS INSURANCE AGENCY LLC3 | 10900 WAYZATA BLVD STE 130 MINNETONKA, MN 55305 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | — | $5K | 6.31% |
| MHS INSURANCE AGENCY LLC3 | 10900 WAYZATA BLVD STE 130 MINNETONKA, MN 55305 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $7K | — | $7K | 15.00% |
| MHS INSURANCE AGENCY LLC3 Filed as: MHS INSURANCE AGENCY, LLC | 10900 WAYZATA BLVD SUITE 130 MINNETONKA, MN 553055574 | EYEMED VISION CARE | $3K | — | $3K | 9.88% |
| MHS INSURANCE AGENCY LLC3 | 10900 WAYZATA BLVD STE 130 MINNETONKA, MN 55305 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $912 | — | $912 | 15.00% |
| MHS INSURANCE AGENCY LLC3 Filed as: MHS INSURANCE AGENCY, INC. | 10900 WAYZATA BLVD STE 130 MINNETONKA, MN 553055574 | EYEMED VISION CARE | $29 | — | $29 | 9.73% |
| MHS INSURANCE AGENCY LLC3 Filed as: MHS INSURANCE AGENCY | 10900 WAYZATA BLVD STE 130 MINNETONKA, MN 55305 | BLUELINK AMERIHEALTH | $55K | — | $55K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| INDEPENDENCE ADMINISTRATORS EIN 23-2184623 PLAN ADMINISTRATOR | Plan Administrator Service code 14 | — | $903K |
| STRATACOR EIN 41-1852523 BENEFIT ADMINISTRATOR | Contract Administrator; Claims processing Service code 12 | — | $17K |
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 | 393 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 393 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision(2 contracts) | EYEMED VISION CARE | 424 | $30K |
| Life insurance(3 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 393 | $160K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 393 | $78K |
| Stop-loss / reinsurancereinsurance | BLUELINK AMERIHEALTH | 248 | $0 |
| Other(3 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 393 | $202K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 424 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.