| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NORTH RISK PARTNERS LLC3 Filed as: NORTH RISK PARTNERS LLC CHARLES SEI | 622 ROOSEVELT RD STE 240 SAINT CLOUD, MN 56301 | HEALTH PARTNERS INSURANCE COMPANY | — | $34K | $34K | 2.59% |
| BEARANCE MANAGEMENT GROUP3 Filed as: BEARANCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINTE BLVD SAINT PAUL, MN 55120 | HEALTH PARTNERS INSURANCE COMPANY | — | $10K | $10K | 0.76% |
| NORTH RISK PARTNERS LLC3 Filed as: NORTH RISK PARTNERS MENDOTA | PO BOX 64016 ST PAUL, MN 55164 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $7K | — | $7K | 11.85% |
| NORTH RISK PARTNERS LLC3 | 622 ROOSEVELT RD STE 240 ST CLOUD, MN 56301 | UNUM LIFE INSURANCE COMPANY OF AMERICA | — | $1K | $1K | 1.64% |
| NORTH RISK PARTNERS LLC3 | 622 ROOSEVELT RD STE 240 SAINT CLOUD, MN 56301 | HEALTH PARTNERS ADMINISTRATORS, INC | — | $9K | $9K | 45.22% |
| BEARANCE MANAGEMENT GROUP3 Filed as: BEARANCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD SAINT PAUL, MN 55120 | HEALTH PARTNERS ADMINISTRATORS, INC | — | $2K | $2K | 8.80% |
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 | 165 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 34 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 199 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTH PARTNERS INSURANCE COMPANY | 316 | $1.3M |
| Dental | HEALTH PARTNERS ADMINISTRATORS, INC | 311 | $20K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 165 | $61K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 165 | $61K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 165 | $61K |
| Other | UNUM LIFE INSURANCE COMPANY OF AMERICA | 165 | $61K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 316 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.