Welfare broker

FK BENEFITS LLC

Mailing address (most recent filing)

10900 WAYZATA BLVD STE 730

MINNETONKA, MN 55305

Total comp: $89K
Commissions: $88K
Fees: $1K
Filings: 5
Sponsors: 5

Carrier mix

Where FK BENEFITS LLC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

UNITEDHEALTHCARE INSURANCE COMPANY50.0%
PRINCIPAL LIFE INSURANCE COMPANY50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNITEDHEALTHCARE INSURANCE COMPANY	1	$1.5M	50.0%
PRINCIPAL LIFE INSURANCE COMPANY	1	$154K	50.0%

Top states · with penetration index

Plan count by state. Index > 1.0means over-indexed vs the broker's national share.

State	Plans	Premium	State share	Index
MN	2	$1.7M	0.1%	50.15x

Top industries by premium

NAICS-2 sectors where this broker places the most welfare premium.

Sponsor-size mix

Plan count by total participants. Reveals whether this broker is a mid-market player or jumbo-employer specialist.

Broker compensation as % of premium

Distribution of FK BENEFITS LLC's plans by broker comp / premium ratio. Median 8.27% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

Share of FK BENEFITS LLC's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-2 of 2 sponsors where FK BENEFITS LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
HIAWATHA VALLEY MENTAL HEALTH CENTER HIAWATHA VALLEY MENTAL HEALTH CENTER GROUP HEALTH BENEFIT PLAN	MN	$1.5M	$37K	UNITEDHEALTHCARE INSURANCE COMPANY
HIAWATHA VALLEY MENTAL HEALTH CENTER WELFARE BENEFIT OF HIAWATHA VALLEY MENTAL HEALTH CENTER	MN	$154K	$22K	PRINCIPAL LIFE INSURANCE COMPANY

Carrier

Plans

Premium

UNITEDHEALTHCARE INSURANCE COMPANY

$1.5M

50.0%

PRINCIPAL LIFE INSURANCE COMPANY

$154K

50.0%

State

Plans

Premium

State share

Index

$1.7M

0.1%

50.15x

Sponsor

Loc

Premium

Comp

Carrier

HIAWATHA VALLEY MENTAL HEALTH CENTER

HIAWATHA VALLEY MENTAL HEALTH CENTER GROUP HEALTH BENEFIT PLAN

$1.5M

$37K

UNITEDHEALTHCARE INSURANCE COMPANY

HIAWATHA VALLEY MENTAL HEALTH CENTER

WELFARE BENEFIT OF HIAWATHA VALLEY MENTAL HEALTH CENTER

$154K

$22K

PRINCIPAL LIFE INSURANCE COMPANY