PlanOptica
Free ERISA searchPricing
Sign inStart for $4.99
  1. Welfare plans/
  2. Sponsors/
  3. CHOICE FINANCIAL GROUP

Open any plan below to see its carriers, broker commissions and premiums.

Solo shows those sections on each welfare plan. Your first month is $4.99.

Start for $4.99
Sponsor portfolioWelfare / HealthEIN 45-0117790

CHOICE FINANCIAL GROUP

1697 S. 42ND ST. · GRAND FORKS, ND 58201
7013569700
Plans filed
3
Years active
2015–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$1.8M
No prior year
Persons covered
1,579
No prior year
Total participants
798
No prior year
Plans filed
3
No prior year

Plans under this sponsor

3 plans
Plan #503$1.3M
CHOICE FINANCIAL GROUP HEALTH PLAN
Fully insured780 covered·1 carrier
Primary: HEALTHPARTNERS ADMINISTRATORS, INC.
Plan #501$514K
CHOICE FINANCIAL GROUP LIFE AND DISABILITY INSURANCE PLAN
Fully insured799 covered·1 carrier
Primary: PRINCIPAL LIFE INSURANCE COMPANY
Plan #502$58K
CHOICE FINANCIAL GROUP VISION INSURANCE PLAN
Fully insured417 covered·1 carrier
Primary: THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$1.3M45.0%
Dental$514K18.3%
Life$514K18.3%
Long-term disability$514K18.3%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
HEALTHPARTNERS INSURANCE COMPANY
EIN 411629390
H
$1.3M71.1%11780
PRINCIPAL LIFE INSURANCE COMPANY
EIN 420127290
DLLTD
$514K28.9%11799

Broker overview

4 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
VIZANCE, INC.HARTLAND, WIPRINCIPAL LIFE INSURANCE COMPANY$48K$0$48K31.7%1
CHOICE INSURANCE SERVICES LLCFARGO, NDHEALTHPARTNERS ADMINISTRATORS, INC.$41K$0$41K27.0%1
CHOICE FINANCIAL GROUP LLCFARGO, NDPRINCIPAL LIFE INSURANCE COMPANY$16K$18K$34K22.7%1
PROFESSIONAL GROUP PLANS INCHAUPPAUGE, NYPRINCIPAL LIFE INSURANCE COMPANY$0$28K$28K18.6%1

History & trajectory

11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
PlanOptica

Plan research for advisors and brokers. Retirement and welfare filings, peer-ranked and a decade deep, sourced to the line.

Product
  • Retirement plans
  • Welfare plans
  • Providers
  • Pricing
Data
  • Downloads hub
  • Retirement plans CSV
  • Welfare plans CSV
  • Custom analytics
Resources
  • Free ERISA search
  • Free EIN lookup
  • Documentation
  • Filter catalog
  • Glossary
Company
  • About
  • Contact
  • Privacy
  • Terms
© 2026 PlanOptica