| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BEARENCE MANAGEMENT GROUP LLC3 | — | BCBSM, INC. D.B.A BLUE CROSS AND BLUE SHIELD OF MINNESOTA | $21K | $2K | $24K | 2.62% |
| ASSUREDPARTNERS3 Filed as: ASSUREDPARTERS OF MN DBA LEE F MURP | — | BCBSM, INC. D.B.A BLUE CROSS AND BLUE SHIELD OF MINNESOTA | $8K | — | $8K | 0.83% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MNGMT GROUP LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | HARTFORD LIFE AND ACCIDENT | $6K | — | $6K | 8.02% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS OF MN LLC | 2361 HIGHWAY 36 WEST SAINT PAUL, MN 55113 | HARTFORD LIFE AND ACCIDENT | $1K | — | $1K | 1.60% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MNGMT GROUP LLC | 2010 CENTRE POINTE BLVD MENDOTA HEIGHTS, MN 55120 | HARTFORD LIFE AND ACCIDENT | $6K | — | $6K | 8.06% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS OF MN LLC | 2361 HIGHWAY 36 WEST SAINT PAUL, MN 55113 | HARTFORD LIFE AND ACCIDENT | $1K | — | $1K | 1.61% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MNGMT GROUP LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | HARTFORD LIFE AND ACCIDENT | $119 | — | $119 | 21.92% |
| ASSUREDPARTNERS3 Filed as: ASSURED PARTNERS OF MN LLC | 2361 HIGHWAY 36 WEST SAINT PAUL, MN 55113 | HARTFORD LIFE AND ACCIDENT | $24 | — | $24 | 4.42% |
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 | 307 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 307 | 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 | 207 | $902K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 439 | $71K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 173 | $76K |
| Other | HARTFORD LIFE AND ACCIDENT | 43 | $543 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 439 | — |
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.
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.