| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NORTH RISK PARTNERS LLC3 Filed as: NORTH RISK PARTNERS LLC DBA APOLLO | 2010 CENTRE POINTE BOULEVARD MENDOTA HEIGHTS, MN 55120 | PREFERREDONE INSURANCE COMPANY | $37K | — | $37K | 3.00% |
| GARY HELM3 | 622 ROOSEVELT ROAD SUITE 240 SAINT CLOUD, MN 56301 | HEALTHPARTNERS, INC | $2K | — | $2K | 1.74% |
| CHARLES L SEIVERT3 Filed as: CHARLES L. SEIVERT | 622 ROOSEVELT ROAD SUITE 240 SAINT CLOUD, MN 56301 | HEALTHPARTNERS, INC | — | $89 | $89 | 0.06% |
| BCT CORPORATION3 | 100 3RD AVENUE SOUTH MINNEAPOLIS, MN 55401 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3K | — | $3K | 11.99% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP MN | PO BOX 64016 SAINT PAUL, MN 55164 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 5.59% |
| NORTH RISK PARTNERS LLC3 | 622 ROOSEVELT ROAD SUITE 240 SAINT CLOUD, MN 56301 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | $451 | $3K | 13.95% |
| NORTH RISK PARTNERS LLC3 | 622 ROOSEVELT ROAD SUITE 240 SAINT CLOUD, MN 56301 | METROPOLITAN LIFE INSURANCE COMPANY | $613 | $120 | $733 | 16.23% |
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 | 312 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 6 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 318 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PREFERREDONE INSURANCE COMPANY | 245 | $1.2M |
| Dental | HEALTHPARTNERS, INC | 291 | $142K |
| Vision | FIDELITY SECURITY LIFE INSURANCE COMPANY | 233 | $22K |
| Life insurance(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 250 | $25K |
| Other(2 contracts) | METROPOLITAN LIFE INSURANCE COMPANY | 250 | $25K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 291 | — |
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."
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.