| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| WILLIAM S. STEINKE3 | CHRISTENSEN GROUP, INC. 9855 WEST 78TH STREET, SUITE 100 EDEN PRAIRIE, MN 55344 | HEALTHPARTNERS, INC. | $34K | $238 | $34K | 5.37% |
| CHRISTENSEN GROUP INC3 Filed as: CHRISTENSEN GROUP INC. | 9855 WEST 78TH STREET, SUITE 100 EDEN PRAIRIE, MN 553448004 | METROPOLITAN LIFE INSURANCE COMPANY | $21K | $5K | $27K | 9.16% |
| CHRISTENSEN GROUP-MN3 Filed as: CHRISTENSEN GROUP - MN | 11100 BREN ROAD WEST MINNETONKA, MN 55345 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 4.95% |
| DIRECT BENEFITS, INC. - BOR3 | 55 EAST 5TH STREET, SUITE 500 ST. PAUL, MN 55101 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 4.56% |
| CHRISTENSEN GROUP-MN3 Filed as: CHRISTENSEN GROUP - MN | 9855 WEST 78TH STREET, SUITE 100 EDEN PRAIRIE, MN 55344 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 4.17% |
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 | 644 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 647 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HEALTHPARTNERS, INC. | 881 | $633K |
| Dental | HEALTHPARTNERS, INC. | 881 | $633K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 439 | $26K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,108 | $291K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,108 | $291K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 1,108 | $291K |
| Other(2 contracts, 2 carriers) | HEALTHPARTNERS, INC. | 1,108 | $925K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,108 | — |
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.