| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WESTLUND ASSOCIATES3 | RICH L WESTLUND PO BOX 668 HUTCHINSON, MN 55350 | MEDICA INSURANCE COMPANY | $18K | $575 | $18K | 2.07% |
| WESTLUND ASSOCIATES3 Filed as: WESTLUND ASSOCIATES INC | P.O. BOX 668 102 MAIN STREET SOUTH HUTCHINSON, MN 55350 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $16K | $2K | $17K | 28.00% |
| WESTLUND ASSOCIATES3 Filed as: WESTLUND ASSOC | PO BOX 668 HUTCHINSON, MN 55350 | SUN LIFE ASSURANCE COMPANY OF CANADA | $4K | — | $4K | 7.32% |
| WESTLUND ASSOCIATES3 Filed as: WESTLUND ASSOCIATES INC | P.O. BOX 668 102 MAIN STREET SOUTH HUTCHINSON, MN 55350 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $5K | $2K | $7K | 13.22% |
| WESTLUND ASSOCIATES3 Filed as: WESTLUND ASSOCIATES INC | P.O. BOX 668 102 MAIN STREET SOUTH HUTCHINSON, MN 55350 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $8K | $1K | $9K | 23.20% |
| WESTLUND ASSOCIATES3 Filed as: WESTLUND ASSOCIATES INC | P.O. BOX 668 102 MAIN STREET SOUTH HUTCHINSON, MN 55350 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $585 | $126 | $711 | 18.22% |
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 | 145 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 147 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | MEDICA INSURANCE COMPANY | 98 | $883K |
| Dental | SUN LIFE ASSURANCE COMPANY OF CANADA | 117 | $59K |
| Vision | RELIANCE STANDARD LIFE INSURANCE COMPANY | 74 | $9K |
| Life insurance | RELIANCE STANDARD LIFE INSURANCE COMPANY | 147 | $62K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 127 | $53K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 112 | $39K |
| Other(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 147 | $66K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 147 | — |
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."
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.