| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| KING AND COMPANIES, INC.3 | 150 E TRAVELER TRAIL SUITE C BURNSVILLE, MN 55337 | HEALTH PARTNERS | $35K | $24 | $35K | 3.99% |
| SEVENHILLS CLEVELAND LLC3 | 7900 INTERNATIONAL DR STE 990 BLOOMINGTON, MN 55425 | METROPOLITAN LIFE INSURANCE COMPANY | $14K | — | $14K | 14.18% |
| KINGS & COMPANIES, INC.3 | 150 E. TRAVELERS TRL, SUITE C BURNSVILLE, MN 553376890 | UNITED HEALTHCARE INSURANCE COMPANY | $3K | — | $3K | 4.26% |
| SEVENHILLS CLEVELAND LLC3 | 7900 INTERNATIONAL DRIVE, 990 BLOOMINGTON, MN 55425 | DELTA DENTAL OF MINNESOTA | $3K | — | $3K | 7.09% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS, AN ALERA GROUP | 55 E 5TH ST STE 500 ST. PAUL, MN 55101 | DELTA DENTAL OF MINNESOTA | $1K | — | $1K | 2.63% |
| DIRECT BENEFITS INC3 Filed as: DIRECT BENEFITS INC. | 55 E 5TH ST STE 500 ST. PAUL, MN 55101 | DELTA DENTAL OF MINNESOTA | $384 | — | $384 | 0.92% |
| SEVENHILLS CLEVELAND LLC3 Filed as: SEVENHILLS BENEFIT PARTNERS, INC. | 7900 INTERNATIONAL DR., 900 MINNEAPOLIS, MN 55425 | FIDELITY SECURITY LIFE INSURANCE COMPANY (AVESIS) | $319 | — | $319 | 10.07% |
| DIRECT BENEFITS INC3 Filed as: DIRECT BENEFITS, INC. | 55 E 5TH ST STE 500 ST. PAUL, MN 55101 | FIDELITY SECURITY LIFE INSURANCE COMPANY (AVESIS) | $255 | — | $255 | 8.05% |
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 | 149 | 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) | 149 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | HEALTH PARTNERS | 78 | $945K |
| Dental | DELTA DENTAL OF MINNESOTA | 77 | $42K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY (AVESIS) | 35 | $3K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 149 | $102K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 149 | $102K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 149 | $102K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 149 | $102K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 149 | — |
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.