| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | METROPOLITAN LIFE INSURANCE COMPANY | $46K | $0 | $46K | 10.71% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS AN ALERA GROUP LLC | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $9K | — | $9K | 2.02% |
| DIRECT BENEFITS INC3 | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $3K | — | $3K | 0.73% |
| BRAVERA INSURANCE INC3 | 1101 EAST INTERSTATE BISMARCK, ND 58503 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $4K | — | $4K | 10.00% |
| DIRECT BENEFITS INC3 Filed as: DIRECT BENEFITS | 325 CEDAR STREET SUITE 800 ST PAUL, MN 55101 | FIDELITY SECURITY LIFE INSURANCE COMPANY | $2K | — | $2K | 6.00% |
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | METROPOLITAN LIFE INSURANCE COMPANY | $2K | — | $2K | 17.18% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS AN ALERA GROUP LLC | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $468 | — | $468 | 3.83% |
| DIRECT BENEFITS INC2 | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $56 | — | $56 | 0.46% |
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | — | $1K | 18.03% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS AN ALERA GROUP LLC | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $328 | — | $328 | 3.99% |
| DIRECT BENEFITS INC | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $42 | — | $42 | 0.51% |
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | METROPOLITAN LIFE INSURANCE COMPANY | $1K | — | $1K | 18.19% |
| GCG FINANCIAL LLC3 Filed as: DIRECT BENEFITS AN ALERA GROUP LLC | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $279 | — | $279 | 4.01% |
| DIRECT BENEFITS INC3 | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | METROPOLITAN LIFE INSURANCE COMPANY | $37 | — | $37 | 0.53% |
| BRAVERA INSURANCE INC3 | 220 1ST AVE SW DICKINSON, ND 586015707 | VISION SERVICE PLAN | $364 | — | $364 | 5.28% |
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP INC | 55 5TH ST E STE 500 SAINT PAUL, MN 551011118 | VISION SERVICE PLAN | $345 | — | $345 | 5.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRIME THERAPEUTICS NONE | Other fees Service code 99 | 1305 CORPORATE CENTER DRIVE EAGAN, MN 55121 | $17K |
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 | 664 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 664 | 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 | 664 | $4.2M |
| Dental | METROPOLITAN LIFE INSURANCE COMPANY | 925 | $425K |
| Vision(2 contracts, 2 carriers) | FIDELITY SECURITY LIFE INSURANCE COMPANY | 342 | $48K |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 925 | $425K |
| Short-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 925 | $425K |
| Long-term disability | METROPOLITAN LIFE INSURANCE COMPANY | 925 | $425K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 925 | $425K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 925 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
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.