| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ASSOC BENEFITS & RISK CONSULTING3 | 6000 CLEARWATER DRIVE MINNETONKA, MN 55343 | PREFERRED ONE INSURANCE COMPANY | $39K | — | $39K | 5.97% |
| ASSOCIATED FINANCIAL GROUP LLC3 | 711 EISENHOWER DR KIMBERLY, WI 54136 | SUN LIFE ASSURANCE COMPANY OF CANADA | $6K | $1K | $7K | 13.57% |
| SHELLY LUCKEN3 | 4565 HUMMING BIRD TRAIL NE PRIOR LAKE, MN 55372 | CONTINENTAL AMERICAN INSURANCE COMPANY | $237 | — | $237 | 2.53% |
| SHELLY LUCKEN3 | 4565 HUMMING BIRD TRAIL NE PRIOR LAKE, MN 55372 | CONTINENTAL AMERICAN INSURANCE COMPANY | $192 | — | $192 | 2.05% |
| CATHY J OLIVER3 Filed as: CATHY OLIVER | 201 WEST BURNSVILLE PKWY, SUITE 116 BURNSVILLE, MN 55337 | CONTINENTAL AMERICAN INSURANCE COMPANY | $158 | — | $158 | 1.69% |
| LUCAS BAUMGARTNER3 | 20 LAKE STREET N STE 220 FOREST LAKE, MN 55025 | CONTINENTAL AMERICAN INSURANCE COMPANY | $81 | — | $81 | 0.87% |
| LORI J THOMPSON3 | 6575 141ST STREET NW RAMSEY, MN 55303 | CONTINENTAL AMERICAN INSURANCE COMPANY | $62 | — | $62 | 0.66% |
| NICOLE D BLAKE3 | 1226 CULNER AVE NW BUFFALO, MN 55313 | CONTINENTAL AMERICAN INSURANCE COMPANY | $52 | — | $52 | 0.56% |
| LEESA J CHURCHILL3 | 7825 WASHINGTON AVENUE SOUTH BLOOMINGTON, MN 55439 | CONTINENTAL AMERICAN INSURANCE COMPANY | $41 | — | $41 | 0.44% |
| MICHELLE RAE MAGUIRE3 | 17590 ITALY PATH LAKEVILLE, MN 55044 | CONTINENTAL AMERICAN INSURANCE COMPANY | $6 | — | $6 | 0.06% |
| KNUTE NELSON3 Filed as: KNUTE T NELSON | 3920 KIPLING AVE MINNEAPOLIS, MN 55416 | CONTINENTAL AMERICAN INSURANCE COMPANY | $6 | — | $6 | 0.06% |
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 | 189 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 190 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PREFERRED ONE INSURANCE COMPANY | 124 | $649K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 194 | $53K |
| Short-term disability(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 194 | $63K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 194 | $53K |
| Prescription drug | PREFERRED ONE INSURANCE COMPANY | 124 | $649K |
| Other(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA | 194 | $63K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 194 | — |
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.
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.