| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SEVENHILLS BENEFIT PARTNERS3 | 7900 INTERNATIONAL SUITE 990 BLOOMINGTON, MN 55425 | MINNESOTA LIFE INSURANCE COMPANY | $18K | — | $18K | 10.31% |
| SEVENHILLS CLEVELAND LLC3 | 7900 INTERNATIONAL DRIVE SUITE 990 BLOOMINGTON, MN 55425 | STANDARD INSURANCE COMPANY | $15K | — | $15K | 12.77% |
| SEVENHILLS CLEVELAND LLC3 Filed as: SEVENHILLS PARTNERS INC | 7900 INTERNATIONAL DRIVE SUITE 990 BLOOMINGTON, MN 55425 | STANDARD INSURANCE COMPANY | $7K | — | $7K | 5.44% |
| SEVENHILLS CLEVELAND LLC3 | 7900 INTERNATIONAL DRIVE SUITE 990 BLOOMINGTON, MN 55425 | STANDARD INSURANCE COMPANY | $6K | — | $6K | 7.50% |
| SEVENHILLS CLEVELAND LLC3 Filed as: SEVENHILLS PARTNERS INC | 7900 INTERNATIONAL DRIVE SUITE 990 BLOOMINGTON, MN 55425 | STANDARD INSURANCE COMPANY | $3K | — | $3K | 4.48% |
| SEVENHILLS CLEVELAND LLC3 | 7900 INTERNATIONAL DRIVE SUITE 990 BLOOMINGTON, MN 55425 | STANDARD INSURANCE COMPANY | $7K | — | $7K | 12.78% |
| SEVENHILLS CLEVELAND LLC3 Filed as: SEVENHILLS PARTNERS INC | 7900 INTERNATIONAL DRIVE SUITE 990 BLOOMINGTON, MN 55425 | STANDARD INSURANCE COMPANY | $3K | — | $3K | 6.01% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| DDMN ASO, LLC EIN 41-1905554 N/A | Claims processing Service code 12 | — | $0 |
| PREFERREDONE ADMINISTRATIVE SERVICE EIN 41-1846481 RECORDKEEPER | Claims processing Service code 12 | — | $0 |
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 | 587 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 587 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | MINNESOTA LIFE INSURANCE COMPANY | 797 | $249K |
| Short-term disability | STANDARD INSURANCE COMPANY | 314 | $51K |
| Long-term disability | STANDARD INSURANCE COMPANY | 543 | $120K |
| Other | AETNA LIFE INSURANCE COMPANY | 581 | $451K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 797 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.