| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WHEELER ASSOCIATES3 | 324 WEST SUPERIOR ST #1000 DULUTH, MN 55802 | STANDARD INSURANCE COMPANY | $16K | — | $16K | 10.00% |
| WHEELER ASSOCIATES3 | 324 WEST SUPERIOR ST #1000 DULUTH, MN 55802 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 4.07% |
| WHEELER ASSOCIATES3 | 324 WEST SUPERIOR ST #1000 DULUTH, MN 55802 | STANDARD INSURANCE COMPANY | $16K | — | $16K | 20.06% |
| WHEELER ASSOCIATES3 | 324 WEST SUPERIOR ST #1000 DULUTH, MN 55802 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 4.53% |
| WHEELER ASSOCIATES3 | 324 WEST SUPERIOR ST #1000 DULUTH, MN 55802 | STANDARD INSURANCE COMPANY | $5K | — | $5K | 7.38% |
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 | 329 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 329 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | STANDARD INSURANCE COMPANY | 225 | $161K |
| Life insurance | STANDARD INSURANCE COMPANY | 329 | $98K |
| Short-term disability | STANDARD INSURANCE COMPANY | 318 | $78K |
| Long-term disability | STANDARD INSURANCE COMPANY | 318 | $62K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 329 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.