| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ACRIPOINT LLC3 | 125 E DAKOTA AVE PO BOX 218 PIERRE, SD 57501 | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | $42K | $193K | $235K | 6.92% |
| AVERA HEALTH PLANS5 | PO BOX 7406 SIOUX FALLS, SD 57117 | COMPANION LIFE | $44K | — | $44K | 25.00% |
| SUMMIT REINSURANCE SERVICES INC3 | 7030 POINTE INVERNESS WAY STE 350 FORT WAYNE, IN 46804 | COMPANION LIFE | $4K | — | $4K | 2.00% |
| AZIZ ELMAMOUNI3 | 821 N HUDSON AVE SIOUX FALLS, SD 57104 | OPTILEGRA, INC | $4K | — | $4K | 8.11% |
| BANKWEST INC DBA BANKWEST INSURANCE3 | 420 S. PIERRE STREET PIERRE, SD 57501 | RELIANCE STANDARD | $4K | — | $4K | 10.07% |
| AVERA HEALTH PLANS5 | PO BOX 7406 SIOUX FALLS, SD 57117 | COMPANION LIFE | $8K | — | $8K | 22.50% |
| SUMMIT REINSURANCE SERVICES INC3 | 7030 POINTE INVERNESS WAY STE 350 FORT WAYNE, IN 46804 | COMPANION LIFE | $750 | — | $750 | 2.00% |
| BANKWEST INC DBA BANKWEST INSURANCE5 | 420 S. PIERRE STREET PIERRE, SD 57501 | RELIANCE STANDARD | $6K | — | $6K | — |
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 | 348 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 5 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 353 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | 302 | $3.4M |
| Vision | OPTILEGRA, INC | 348 | $43K |
| Life insurance(2 contracts) | COMPANION LIFE | 365 | $213K |
| Long-term disability | RELIANCE STANDARD | 288 | $40K |
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | 302 | $3.4M |
| Other | COMPANION LIFE | 365 | $175K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 365 | — |
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 compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
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.