| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEPHEN TOUSLEY, BEARENCE MNGMT GRP3 | 2010 CENTRE POINT BLVD SAINT PAUL, MN 55120 | HEALTHPARTNERS | $9K | $1K | $10K | 2.62% |
| CHARLES SEIVERT, BEARENCE MNGMT GRP3 | 2010 CENTRE POINT BLVD SAINT PAUL, MN 55120 | HEALTHPARTNERS | $2K | $329 | $3K | 0.75% |
| CHARLES SEIVERT, BEARENCE MNGMT GRP3 | 2010 CENTRE POINT BLVD SAINT PAUL, MN 55120 | HEALTHPARTNERS | $42K | $6K | $48K | 21.07% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 3.84% |
| NORTH RISK PARTNERS LLC3 | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 3.30% |
| NORTH RISK PARTNERS LLC3 | 206 LITTLE CANADA RD E SAINT PAUL, MN 55117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $701 | $701 | 1.94% |
| BEARENCE MANAGEMENT GROUP LLC Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $753 | — | $753 | 6.25% |
| NORTH RISK PARTNERS LLC3 | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $626 | — | $626 | 5.20% |
| NORTH RISK PARTNERS LLC3 | 206 LITTLE CANADA RD E SAINT PAUL, MN 55117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $239 | $239 | 1.98% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP, LLC | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $735 | — | $735 | 9.95% |
| NORTH RISK PARTNERS LLC3 | 2010 CENTRE POINT BLVD MENDOTA HEIGHTS, MN 55120 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $373 | — | $373 | 5.05% |
| NORTH RISK PARTNERS LLC3 | 206 LITTLE CANADA RD E ST PAUL, MN 55117 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $123 | $123 | 1.66% |
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 | 268 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 268 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts) | HEALTHPARTNERS | 279 | $600K |
| Dental(2 contracts) | HEALTHPARTNERS | 279 | $600K |
| Life insurance | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 268 | $12K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 268 | $36K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 30 | $7K |
| Other(2 contracts, 2 carriers) | HEALTHPARTNERS | 279 | $241K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 279 | — |
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.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.