| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT MCDOWELL INS A MARSH & MCLEN | 300 N CHERAPA PLACE, SUITE 601 SIOUX FALLS, SD 57103 | HM LIFE INSURANCE COMPANY | $27K | — | $27K | 10.00% |
| DAKOTACARE ADMINISTRATIVE SERVICES5 | 2600 WEST 49TH STREET SIOUX FALLS, SD 57105 | HM LIFE INSURANCE COMPANY | $14K | $3K | $17K | 6.05% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT MCDOWELL INS A MARSH & MCLEN | PO BOX 5113 SIOUX FALLS, SD 57117 | UNION SECURITY INSURANCE COMPANY | $6K | $34 | $6K | 15.24% |
| MARSH & MCLENNAN AGENCY LLC3 | 300 CHERAPA PL STE 601 SIOUX FALLS, SD 571032277 | VISION SERVICE PLAN | $900 | — | $900 | 6.34% |
| DAKOTACARE ADMINISTRATIVE SERVICES5 | 2600 WEST 49TH STREET SIOUX FALLS, SD 57105 | BERKLEY LIFE AND HEALTH INSURANCE CO | — | $449 | $449 | — |
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 | 194 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 194 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 84 | $14K |
| Life insurance | UNION SECURITY INSURANCE COMPANY | 341 | $38K |
| Long-term disability | UNION SECURITY INSURANCE COMPANY | 341 | $38K |
| Stop-loss / reinsurancereinsurance(2 contracts, 2 carriers) | HM LIFE INSURANCE COMPANY | 214 | $275K |
| Other | UNION SECURITY INSURANCE COMPANY | 341 | $38K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 341 | — |
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.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.