| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| AHMANN MARTIN3 Filed as: AHMANN & MARTIN COMPANY | 7555 MARKET PLACE CR. EDEN PRAIRIE, MN 553443637 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 4.25% |
| ROGERS BENEFIT GROUP INC3 Filed as: ROGERS BENEFIT GROUP INC. | 5110 N. 40TH ST. STE. 234 PHOENIX, AZ 850182151 | PRINCIPAL LIFE INSURANCE COMPANY | $920 | $0 | $920 | 2.54% |
| HAYS COMPANIES, INC.3 Filed as: HAYS BENEFITS GROUP LLC | IDS CTR, 80 S 8TH ST, STE 700 MINNEAPOLIS, MN 554022105 | PRINCIPAL LIFE INSURANCE COMPANY | $536 | $0 | $536 | 1.48% |
| ASSOCIATED FINANCIAL GROUP LLC3 | 6000 CLEARWATER DR STE 100 HOPKINS, MN 553439448 | PRINCIPAL LIFE INSURANCE COMPANY | — | $470 | $470 | 1.30% |
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 | 243 | 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) | 243 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 243 | $36K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 243 | — |
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.