| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NORTH RISK PARTNERS LLC3 Filed as: NORTH RISK PARTNERS LLC DBA APOLLO | 2048 SUPERIOR DRIVE NORTHWEST SUITE 100 ROCHESTER, MN 55901 | PREFERREDONE INSURANCE COMPANY | $35K | — | $35K | 3.00% |
| RB, INC.3 | 100 3RD AVENUE SOUTH SUITE 605 MINNEAPOLIS, MN 55401 | PREFERREDONE INSURANCE COMPANY | -$6 | — | -$6 | -0.00% |
| GARY HELM3 | NORTH RISK PARTNERS, LLC. 622 ROOSEVELT ROAD SUITE 240 SAINT CLOUD, MN 56301 | HEALTHPARTNERS, INC | — | $3K | $3K | 1.86% |
| CHARLES L SEIVERT3 Filed as: CHARLES L. SEIVERT | NORTH RISK PARTNERS, LLC 622 ROOSEVELT ROAD SUITE 240 SAINT CLOUD, MN 56301 | HEALTHPARTNERS, INC | — | $3K | $3K | 1.86% |
| GARY HELM3 | BEARENCE MANAGEMENT GROUP, LLC 2010 CENTRE POINT BOULEVARD SAINT PAUL, MN 55120 | HEALTHPARTNERS, INC | — | $254 | $254 | 0.17% |
| CHARLES L SEIVERT3 Filed as: CHARLES L. SEIVERT | BEARENCE MANAGEMENT GROUP, LLC 2010 CENTRE POINT BOULEVARD SAINT PAUL, MN 55120 | HEALTHPARTNERS, INC | — | $254 | $254 | 0.17% |
| ROBIN BAUMGARTNER3 | BCT CORPORATION 100 3RD AVENUE SOUTH UNIT 605 MINNEAPOLIS, MN 55401 | HEALTHPARTNERS, INC | — | $6 | $6 | 0.00% |
| BCT CORPORATION3 | 150 3RD AVENUE SOUTH #105 MINNEAPOLIS, MN 55401 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 5.73% |
| BCT CORPORATION3 | 100 3RD AVENUE SOUTH MINNEAPOLIS, MN 55401 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 4.17% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP MN / NORT | PO BOX 64016 SAINT PAUL, MN 55164 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 3.76% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP MN / NORT | PO BOX 64016 SAINT PAUL, MN 55164 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $328 | — | $328 | 1.19% |
| NORTH RISK PARTNERS LLC3 | 2010 CENTRE POINTE BOULEVARD MENDOTA HEIGHTS, MN 55120 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | $27 | $2K | 12.80% |
| NORTH RISK PARTNERS LLC3 | 622 ROOSEVELT ROAD SUITE 240 SAINT CLOUD, MN 56301 | METROPOLITAN LIFE INSURANCE COMPANY | — | $393 | $393 | 2.31% |
| NORTH RISK PARTNERS LLC3 | 2010 CENTRE POINTE BOULEVARD MENDOTA HEIGHTS, MN 55120 | METROPOLITAN LIFE INSURANCE COMPANY | $695 | $27 | $722 | 14.47% |
| NORTH RISK PARTNERS LLC3 | 622 ROOSEVELT ROAD SUITE 240 SAINT CLOUD, MN 56301 | METROPOLITAN LIFE INSURANCE COMPANY | — | $118 | $118 | 2.37% |
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 | 353 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 4 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 7 | 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 | 314 | $1.2M |
| Dental | HEALTHPARTNERS, INC | 353 | $149K |
| Vision(2 contracts) | FIDELITY SECURITY LIFE INSURANCE COMPANY | 292 | $27K |
| Life insurance(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 254 | $22K |
| Other(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 254 | $22K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 353 | — |
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.
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.