| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC | 307 WEST 41ST STREET SIOUX FALLS, SD 57105 | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | $59K | — | $59K | 1.14% |
| BOEN & ASSOCIATES INC3 | 307 WEST 41ST STREET SIOUX FALLS, SD 57105 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $32K | — | $32K | 16.94% |
| BOEN & ASSOCIATES INC3 Filed as: BOEN & ASSOCIATES, INC. | PO BOX 89010 SIOUX FALLS, SD 57109 | VISION SERVICE PLAN | $2K | — | $2K | 2.83% |
| BOEN & ASSOCIATES INC3 | 307 WEST 41ST STREET SIOUX FALLS, SD 57105 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $12K | — | $12K | 17.00% |
| BOEN & ASSOCIATES INC3 | 307 WEST 41ST STREET SIOUX FALLS, SD 57105 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $3K | — | $3K | 17.00% |
| CONNECTIONS INSURANCE LLC3 Filed as: CONNECTIONS INC | 925 WESTVIEW DRIVE ROCK VALLEY, IA 51247 | CONNECTIONS INC. | — | — | $0 | 0.00% |
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 | 748 | 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) | 748 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 401 | $82K |
| Life insurance | LIFE INSURANCE COMPANY OF NORTH AMERICA | 702 | $191K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 346 | $71K |
| Stop-loss / reinsurancereinsurance | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | 544 | $5.2M |
| Other(3 contracts, 2 carriers) | LIFE INSURANCE COMPANY OF NORTH AMERICA | 702 | $220K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 702 | — |
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.