| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| NORTH RISK PARTNERS LLC3 Filed as: NORTH RISK PARTNERS | 622 ROOSEVELT ROAD STE 240 ST CLOUD, MN 56301 | AETNA LIFE INSURANCE CO. | $33K | — | $33K | 2.67% |
| BEARENCE MANAGEMENT GROUP LLC3 Filed as: BEARENCE MANAGEMENT GROUP | 1045 76TH STREET SUITE 4000 WEST DES MOINES, IA 50266 | AETNA LIFE INSURANCE CO. | $16K | — | $16K | 1.32% |
| NORTH RISK PARTNERS LLC3 | DBA BEARANCE MANAGEMENT GROUP LLC 4221 N 203RD ST STE 200 ELKHORN, NE 68022 | PRINCIPAL LIFE INSURANCE COMPANY | $3K | — | $3K | 6.15% |
| OCI INSURANCE & FINANCIAL SERVICES3 Filed as: OCI INS AND FINANCIAL SERVICES INC. | 4221 N 203RD ST STE 200 ELKHORN, NE 68022 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 3.94% |
| NORTH RISK PARTNERS LLC3 Filed as: NORTH RISK PARTNERS, LLC | 622 ROOSEVELT RD STE 240 SAINT CLOUD, MN 56301 | PRINCIPAL LIFE INSURANCE COMPANY | — | $445 | $445 | 0.85% |
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 | 167 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 3 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 170 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO. | 197 | $1.2M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 255 | $52K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 255 | $52K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 255 | — |
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.