| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| RB, INC.3 | 100 3RD AVENUE SOUTH SUITE 605 MINNEAPOLIS, MN 55401 | PREFERREDONE INSURANCE COMPANY | $29K | — | $29K | 3.00% |
| ROBIN BAUMGARTNER3 Filed as: ROBIN BAUMGARTNER BCT CORPORATION | 100 3RD AVENUE SOUTH UNIT 605 MINNEAPOLIS, MN 55401 | HEALTHPARTNERS, INC | — | $5K | $5K | 4.30% |
| BCT CORPORATION3 | 150 3RD AVENUE SOUTH #105 MINNEAPOLIS, MN 55401 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 9.12% |
| DIRECT BENEFITS INC3 Filed as: DIRECT BENEFITS, INC. | 55 EAST 5TH STREET SUITE 500 ST. PAUL, MN 55101 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $701 | — | $701 | 3.26% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP MN / NORT | PO BOX 64016 ST. PAUL, MN 55164 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $279 | — | $279 | 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 | 333 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 30 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 364 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PREFERREDONE INSURANCE COMPANY | 296 | $966K |
| Dental | HEALTHPARTNERS, INC | 334 | $120K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 264 | $21K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 334 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.