| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | METROPOLITAN LIFE INSURANCE COMPANY | $69K | — | $69K | 13.21% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $24K | $5K | $29K | 5.50% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS AN ALERA GROUP LLC | 7900 INTERNATIONAL DR STE 1040 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $963 | $25 | $988 | 0.19% |
| BRAVERA INSURANCE INC3 | 38 1ST STREET WEST DICKINSON, ND 58601 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $5K | — | $5K | 10.00% |
| DIRECT BENEFITS INC3 Filed as: DIRECT BENEFITS | 55 EAST 5TH STREET, SUITE 500 SAINT PAUL, MN 55101 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $3K | — | $3K | 6.00% |
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | METROPOLITAN LIFE INSURANCE COMPANY | $4K | — | $4K | 19.92% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $713 | $143 | $856 | 4.51% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS AN ALERA GROUP LLC | 7900 INTERNATIONAL DR STE 1040 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $232 | $25 | $257 | 1.35% |
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 19.24% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $669 | $134 | $803 | 4.43% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS AN ALERA GROUP LLC | 7900 INTERNATIONAL DR STE 1040 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $203 | $25 | $228 | 1.26% |
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 20.00% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 604502215 | METROPOLITAN LIFE INSURANCE COMPANY | $413 | $83 | $496 | 4.59% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS AN ALERA GROUP LLC | 7900 INTERNATIONAL DR STE 1040 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $127 | $25 | $152 | 1.41% |
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | VISION SERVICE PLAN | $806 | — | $806 | 7.54% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC | 7900 INTERNATIONAL DR STE 1040 BLOOMINGTON, MN 55425 | VISION SERVICE PLAN | $566 | — | $566 | 5.30% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRIME THERAPEUTICS NONE | Other fees Service code 99 | 1305 CORPORATE CENTER DRIVE EAGAN, MN 55121 | $30K |
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 | 722 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 727 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(4 contracts, 2 carriers) | BLUE CROSS BLUE SHIELD OF NORTH DAKOTA | 743 | $4.9M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $519K |
| Vision(2 contracts, 2 carriers) | FIDELITY SECURITY LIFE INSURANCE COMPANY | 388 | $56K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $519K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $519K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $519K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 521 | $519K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 743 | — |
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.