| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NORTH RISK PARTNERS LLC3 Filed as: MICHAEL REISHUS NORTH RISK PARTNERS | — | MEDICA INSURANCE COMPANY | $23K | $5K | $29K | 8.61% |
| NORTH RISK PARTNERS LLC3 | 2010 CENTRE POINTE BOULEVARD MENDOTA HEIGHT, MN 55120 | STANDARD INSURANCE COMPANY | $10K | — | $10K | 12.08% |
| NORTH RISK PARTNERS LLC3 | 2010 CENTRE POINTE BOULEVARD MENDOTA HEIGHT, MN 55120 | STANDARD INSURANCE COMPANY | $8K | — | $8K | 11.93% |
| NORTH RISK PARTNERS LLC3 | 2010 CENTRE POINTE BOULEVARD MENDOTA HEIGHTS, MN 55120 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $2K | — | $2K | 9.92% |
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 | 265 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 4 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 273 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 245 | $20K |
| Life insurance | STANDARD INSURANCE COMPANY | 265 | $80K |
| Long-term disability | STANDARD INSURANCE COMPANY | 264 | $66K |
| Stop-loss / reinsurancereinsurance | MEDICA INSURANCE COMPANY | 212 | $332K |
| Other | STANDARD INSURANCE COMPANY | 265 | $80K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 265 | — |
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.