| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT+MCDOWELL INSURANCE | MARSH MCLENNAN AGENCY, LLC 300 CHERAPA PLACE, SUITE 601 SIOUX FALLS, SD 57103 | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | -$18 | — | -$18 | -0.00% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT+MCDOWELL INSURANCE | A MARSH MCLENNAN AGENCY, LLC COMPAN 300 CHERAPA PLACE, SUITE 601 SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $2K | $230 | $2K | 3.29% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT+MCDOWELL INSURANCE | A MARSH MCLENNAN AGENCY, LLC 300 CHERAPA PLACE, SUITE 601 SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $2K | $175 | $2K | 8.83% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT+MCDOWELL INSURANCE | MARSH MCLENNAN AGENCY, LLC 300 CHERAPA PLACE, SUITE 601 SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $2K | $179 | $2K | 8.86% |
| JENNON M CARUTH3 | 6400 FLYING CLOUD DR # 215 EDEN PRAIRIE, MN 55344 | STANDARD INSURANCE COMPANY | $2K | — | $2K | 9.22% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT+MCDOWELL INSURANCE | A MARSH MCLENNAN AGENCY, LLC COMPAN 300 CHERAPA PLACE, SUITE 601 SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $788 | $10 | $798 | 3.71% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES INC | PO BOX 9207 DES MOINES, IA 50306 | STANDARD INSURANCE COMPANY | $496 | $29 | $525 | 2.44% |
| C2 CENTRIC LLC3 | PO BOX 6824 GRAND RAPIDS, MI 49516 | STANDARD INSURANCE COMPANY | — | $10 | $10 | 0.05% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT+MCDOWELL INSURANCE | A MARSH MCLENNAN AGENCY, LLC CO 300 CHERAPA PLACE, SUITE 601 SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $3K | $136 | $3K | 14.75% |
| HOLMES MURPHY & ASSOCIATES3 Filed as: HOLMES MURPHY AND ASSOCIATES INC. | PO BOX 9207 DES MOINES, IA 50306 | STANDARD INSURANCE COMPANY | — | — | $0 | 0.00% |
| MARSH & MCLENNAN AGENCY LLC3 Filed as: HOWALT+MCDOWELL INSURANCE | A MARSH MCLENNAN AGENCY, LLC CO 300 CHERAPA PLACE, SUITE 601 SIOUX FALLS, SD 57103 | STANDARD INSURANCE COMPANY | $285 | $87 | $372 | 3.10% |
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 | 150 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 151 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | 111 | $1.1M |
| Dental | STANDARD INSURANCE COMPANY | 94 | $64K |
| Vision | STANDARD INSURANCE COMPANY | 77 | $12K |
| Life insurance | STANDARD INSURANCE COMPANY | 150 | $24K |
| Short-term disability | STANDARD INSURANCE COMPANY | 71 | $24K |
| Long-term disability | STANDARD INSURANCE COMPANY | 150 | $19K |
| Prescription drug | WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA | 111 | $1.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 150 | — |
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."
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.