| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN | 6160 GOLDEN HILLS DRIVE MINNEAPOLIS, MN 55416 | BCBSMN | $24K | — | $24K | 4.20% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY | HOWALT MCDOWELL INSURANCE 300 N CHERAPA PLACE 6TH FL SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 4.29% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN | HOWALT MCDOWELL INSURANCE 300 N CHERAPA PLACE 6TH FL SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $5K | — | $5K | 9.14% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN | HOWALT MCDOWELL INSURANCE 300 N CHERAPA PLACE 6TH FL SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $4K | — | $4K | 9.52% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN | HOWALT MCDOWELL INSURANCE 300 N CHERAPA PLACE 6TH FL SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $5K | — | $5K | 14.84% |
| DIRECT BENEFITS INC3 Filed as: DIRECT BENEFITS | — | AMERITAS LIFE INSURANCE CORP. | $3K | — | $3K | 14.00% |
| MARSH & MCLENNAN AGENCY LLC3 | — | AMERITAS LIFE INSURANCE CORP. | $1K | — | $1K | 7.00% |
| MARSH & MCLENNAN AGENCY LLC3 | HOWALT MCDOWELL INSURANCE 300 N CHERAPA PLACE 6TH FL SIOUX FALLS, SD 57103 | NEW VISION COOPERATIVE | $1K | — | $1K | 15.05% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BCBSMN, INC EIN 41-0984460 NONE | Claims processing; Contract Administrator; Other fees; Legal; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 12 | — | $48K |
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 | 175 | 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) | 175 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BCBSMN | 287 | $563K |
| Dental | STANDARD INSURANCE COMPANY | 118 | $87K |
| Vision | AMERITAS LIFE INSURANCE CORP. | 222 | $20K |
| Life insurance | STANDARD INSURANCE COMPANY | 176 | $51K |
| Short-term disability | STANDARD INSURANCE COMPANY | 175 | $46K |
| Long-term disability | STANDARD INSURANCE COMPANY | 179 | $34K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 287 | — |
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.