| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSOC BENEFITS & RISK CONSULTING3 | 6000 CLEARWATER DRIVE MINNETONKA, MN 55343 | PREFERRED ONE INSURANCE COMPANY | $32K | — | $32K | 6.06% |
| ASSOCIATED FINANCIAL GROUP LLC3 | 711 EISENHOWER DR KIMBERLY, WI 54136 | SUN LIFE ASSURANCE COMPANY OF CANADA | $6K | $832 | $7K | 14.01% |
| SHELLY LUCKEN3 | 4565 HUMMING BIRD TRAIL NE PRIOR LAKE, MN 55372 | CONTINENTAL AMERICAN INSURANCE COMPANY | $567 | — | $567 | 6.05% |
| SHELLY LUCKEN3 | 4565 HUMMING BIRD TRAIL NE PRIOR LAKE, MN 55372 | CONTINENTAL AMERICAN INSURANCE COMPANY | $246 | — | $246 | 2.63% |
| CATHY J OLIVER3 Filed as: CATHY OLIVER | 201 WEST BURNSVILLE PKWY, SUITE 116 BURNSVILLE, MN 55337 | CONTINENTAL AMERICAN INSURANCE COMPANY | $163 | — | $163 | 1.74% |
| NICOLE D BLAKE3 | 402 RUDY LN BUFFALO, MN 55313 | CONTINENTAL AMERICAN INSURANCE COMPANY | $90 | — | $90 | 0.96% |
| LUCAS BAUMGARTNER3 | 20 LAKE STREET N STE 220 FOREST LAKE, MN 55025 | CONTINENTAL AMERICAN INSURANCE COMPANY | $84 | — | $84 | 0.90% |
| LORI J THOMPSON3 | 6575 141ST STREET NW RAMSEY, MN 55303 | CONTINENTAL AMERICAN INSURANCE COMPANY | $66 | — | $66 | 0.70% |
| LEESA J CHURCHILL3 | 7825 WASHINTON AVENUE SOUTH BLOOMINGTON, MN 55439 | CONTINENTAL AMERICAN INSURANCE COMPANY | $47 | — | $47 | 0.50% |
| MICHELLE RAE MAGUIRE3 | 17590 ITALY PATH LAKEVILLE, MN 55044 | CONTINENTAL AMERICAN INSURANCE COMPANY | $7 | — | $7 | 0.07% |
| KNUTE NELSON3 Filed as: KNUTE T NELSON | 3920 KIPLING AVE MINNEAPOLIS, MN 55416 | CONTINENTAL AMERICAN INSURANCE COMPANY | $7 | — | $7 | 0.07% |
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 | 166 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 167 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PREFERRED ONE INSURANCE COMPANY | 107 | $523K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 167 | $47K |
| Short-term disability(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 167 | $56K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 167 | $47K |
| Prescription drug | PREFERRED ONE INSURANCE COMPANY | 107 | $523K |
| Other(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 167 | $56K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 167 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
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.