| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEPHEN TOUSLEY, BEARENCE MNGMT GRP3 | 2010 CENTRE POINT BLVD SAINT PAUL, MN 55120 | HEALTHPARTNERS | $7K | $601 | $8K | 3.00% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | MEDICA INSURANCE COMPANY | $11K | $668 | $11K | 9.88% |
| CHARLES SEIVERT, BEARENCE MNGMT GRP3 | 2010 CENTRE POINT BLVD SAINT PAUL, MN 55120 | HEALTHPARTNERS | $16K | $4K | $21K | 19.66% |
| BEARENCE MANAGEMENT GROUP LLC Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $9K | — | $9K | 10.00% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | — | $3K | 8.28% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 9.93% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP, LLC | 1045 76TH STREET STE 4000 WEST DES MOINES, IA 50266 | METROPOLITAN LIFE INSURANCE COMPANY | — | $31 | $31 | 0.15% |
| BEARENCE MANAGEMENT GROUP LLC Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 11.98% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $867 | — | $867 | 15.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MEDICA SELF INSURED EIN 41-1479417 CLAIMS PROCESSING | Claims processing Service code 12 | 401 CARLSON PARKWAY HOPKINS, MN 55305 | $27K |
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 | 291 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 1 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 293 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | HEALTHPARTNERS | 200 | $368K |
| Dental(2 contracts, 2 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 162 | $112K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 255 | $12K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 255 | $35K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 33 | $6K |
| Stop-loss / reinsurancereinsurance | MEDICA INSURANCE COMPANY | 226 | $116K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 255 | $12K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 255 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.