| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MAHOWALD INSURANCE AGENCY3 | 916 ST. GERMAIN ST. ST. CLOUD, MN 56302 | PREFERRED ONE ADMINISTRATIVE SERVICES | $39K | $67K | $106K | 33.98% |
| MAHOWALD INSURANCE AGENCY3 | 916 ST. GERMAIN ST. ST. CLOUD, MN 56302 | UNUM LIFE INSURANCE COMPANY | $4K | $129 | $5K | 7.53% |
| MAHOWALD INSURANCE AGENCY3 | 916 ST. GERMAIN ST. ST. CLOUD, MN 56302 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 7.44% |
| TRACY LEE BAILEY3 | 29717 131ST ST. PRINCETON, MN 55371 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $2K | $3K | $5K | 26.43% |
| BRENDA LEE CANNING3 | 4227 THRU STREET ST. CLOUD, MN 56303 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $2K | $636 | $2K | 11.82% |
| BLUE SKY BENEFIT SOLUTIONS INC3 Filed as: BLUE SKY BENEFIT SOLUTIONS | 1500 39TH ST. S. ST. CLOUD, MN 56301 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $712 | $1K | $2K | 9.99% |
| BRETT HEITLAND3 | 12290 FREMONT LANE ZIMMERMAN, MN 55398 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $489 | $0 | $489 | 2.54% |
| JULIE MARIE AGRIMSON3 | 14158 WOODCHUCK TRAIL NW PRIOR LAKE, MN 55372 | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | $10 | $0 | $10 | 0.05% |
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 | 309 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 309 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | PREFERRED ONE ADMINISTRATIVE SERVICES | 284 | $313K |
| Dental | PREFERRED ONE ADMINISTRATIVE SERVICES | 284 | $313K |
| Vision | PREFERRED ONE ADMINISTRATIVE SERVICES | 284 | $313K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 309 | $23K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY | 131 | $61K |
| Prescription drug | PREFERRED ONE ADMINISTRATIVE SERVICES | 284 | $313K |
| Stop-loss / reinsurancereinsurance | PREFERRED ONE ADMINISTRATIVE SERVICES | 284 | $313K |
| Other | COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | 23 | $19K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 309 | — |
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.