| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VAALER INSURANCE INC Filed as: VAALER INSURANCE | — | SANFORD HEALTH PLAN | $22K | — | $22K | 18.18% |
| STEVE BLIKRE | 2425 9TH ST SW MINOT, ND 58701 | GUARDIAN LIFE INSURANCE COMPANY | $9K | — | $9K | 7.65% |
| MARSH & MCLENNAN AGENCY LLC3 | 505 BROADWAY N STE 100 FARGO, ND 58102 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | — | $4K | 9.99% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN | 250 PEHLE AVE STE 400 PARK 80 PLAZA 2 SADDLE BROOK, NJ 07663 | METROPOLITAN LIFE INSURANCE COMPANY | — | $425 | $425 | 1.02% |
| MARSH & MCLENNAN AGENCY LLC3 | 6279 TRI RIDGE BLVD STE 400 LOVELAND, OH 45140 | METROPOLITAN LIFE INSURANCE COMPANY | — | $6 | $6 | 0.01% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: MARSH & MCLENNAN AGENCY, LLC | 2701 S COLUMBIA ROAD GRAND FORKS, ND 58201 | STANDARD INSURANCE COMPANY | $23K | — | $23K | 88.16% |
| VAALER INSURANCE INC3 Filed as: VAALER INSURANCE INC. | PO BOX 12848 2701 S COLUMBIA RD GRAND FORKS, ND 58201 | STANDARD INSURANCE COMPANY | — | $3K | $3K | 11.84% |
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 | 546 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 10 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 556 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | SANFORD HEALTH PLAN | 571 | $122K |
| Dental | STANDARD INSURANCE COMPANY | 185 | $26K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 493 | $42K |
| Life insurance | GUARDIAN LIFE INSURANCE COMPANY | 181 | $116K |
| Long-term disability | GUARDIAN LIFE INSURANCE COMPANY | 181 | $116K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 571 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.