| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSOCIATED FINANCIAL GROUP LLC | 12600 WHITEWATER DR., STE 100 MINNETONKA, MN 55343 | BCBSM INC D/B/A BLUE CROSS AND BLUE SHIELD OF MINNESOTA | $86K | — | $86K | 2.50% |
| ASSOCIATED BENEFITS & RISK CONSULTI3 | 6000 CLEARWATER DR MINNETONKA, MN 55343 | UNION SECURITY INSURANCE COMPANY | $20K | $4K | $24K | 8.14% |
| ASSOCIATED BENEFITS AND RISK CONSUL3 | 6000 CLEARWATER DR MINNETONKA, MN 55343 | UNION SECURITY INSURANCE COMPANY | $12K | $3K | $15K | 5.23% |
| ASSOCIATED BENEFITS & RISK CONSULTI3 | 6000 CLEARWATER DR MINNETONKA, MN 55343 | UNION SECURITY INSURANCE COMPANY | $8K | $2K | $10K | 3.41% |
| ASSOCIATED BENEFITS & RISK CONSULTI3 | 6000 CLEARWATER DR MINNETONKA, MN 55343 | UNION SECURITY INSURANCE COMPANY | $8K | $2K | $9K | 3.25% |
| ASSOCIATED BENEFITS & RISK CONSULTI3 | 6000 CLEARWATER DR MINNETONKA, MN 55343 | UNION SECURITY INSURANCE COMPANY | $3K | $985 | $4K | 1.51% |
| ASSOCIATED FINANCIAL GROUP LLC3 | 12600 WHITEWATER DR., STE 100 MINNETONKA, MN 55343 | DELTA DENTAL OF MINNESOTA | $0 | $8K | $8K | 11.15% |
| ASSOCIATED FINANCIAL GROUP LLC3 | 711 EISENHOWER DRIVE KIMBERLY, WI 54136 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3K | — | $3K | 9.96% |
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 | 365 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 365 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BCBSM INC D/B/A BLUE CROSS AND BLUE SHIELD OF MINNESOTA | 522 | $3.5M |
| Dental | DELTA DENTAL OF MINNESOTA | 519 | $74K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 358 | $29K |
| Life insurance | UNION SECURITY INSURANCE COMPANY | 354 | $290K |
| Short-term disability | UNION SECURITY INSURANCE COMPANY | 354 | $290K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 354 | $290K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 522 | — |
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."
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.