| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| TRUE NORTH COMPANIES LC3 | PO BOX 1863 CEDAR RAPIDS, IA 52406 | SUN LIFE ASSURANCE COMPANY OF CANADA | $10K | — | $10K | 7.23% |
| SELECT NETWORKS | 317 6TH AVE STE 1440 DES MOINES, IA 50309 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $6K | — | $6K | 11.00% |
| TRUENORTH COMPANIES LC Filed as: TRUENORTH | PO BOX 1863 CEDAR RAPIDS, IA 52406 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3K | — | $3K | 6.03% |
| GALLAGHER BENEFIT SERVICES, INC. Filed as: GALLAGHER BENEFIT SERVICES INC | 415 38TH ST, SW FARGO, NM 58103 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $1K | — | $1K | 2.37% |
| THE ACCEL GROUP LLC Filed as: THE ACCEL GROUP INC | 602 MAIN ST CEDAR FALLS, IA 50613 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $869 | — | $869 | 1.60% |
| SELECT NETWORKS5 | 317 6TH AVE. STE. 1440 DES MOINES, IA 50309 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3K | — | $3K | 11.05% |
| TRUENORTH COMPANIES LC5 Filed as: TRUENORTH | P.O. BOX 1863 CEDAR RAPIDS, IA 52406 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 6.15% |
| GALLAGHER BENEFIT SERVICES, INC. Filed as: GALLAGHER BENEFIT SERIVCES, INC | 415 38TH ST, SW FARGO, NM 58103 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $645 | — | $645 | 2.19% |
| THE ACCEL GROUP LLC Filed as: ACCEL GROUP INC | 602 MAIN ST CEDAR FALLS, IA 50613 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $504 | — | $504 | 1.71% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| TRUE NORTH COMPANIES INSURANCE AGENT | Insurance agents and brokers Service code 22 | PO BOX 1863 CEDAR RAPIDS, IA 52406 | $12K |
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 | 829 | 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) | 829 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | 475 | $4.2M |
| Dental | WELLMARK BLUE CROSS BLUE SHIELD OF SOUTH DAKOTA | 459 | $221K |
| Vision(2 contracts) | FIDELITY SECURITY LIFE INSURANCE COMPANY | 392 | $84K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 829 | $139K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA | 829 | $139K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 492 | $74K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 829 | $139K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 829 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
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.