Plan Ledger DOL Form 5500 · updated monthly

Basin Electric Power Cooperativebenefits

Basin Electric Power Cooperative Health and Welfare Plan · BISMARCK, ND · plan year 2025

Broker compensation reported · 2025
$142,484

Basin Electric Power Cooperative's benefits plans covered 1,989 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $142,484 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $72 per covered person, below the median for employer plans that report broker pay. Broker pay rose 20% from $118,563 in 2024.

Insurance contracts · 20258
VISION SERVICE PLAN · visionpremiums n/a · 1,556 covered
KEPROpremiums n/a · 2,022 covered
HARTFORD FIRE INSURANCE COMPANYpremiums n/a · 1,989 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 2,960 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 40 covered
BLUE CROSS BLUE SHIELD OF NORTH DAKOTA · visionpremiums n/a · 54 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,989 covered
Brokers & agents paid · 20258
BROWN & BROWN OF FLORIDA, INC.$109,818 · incl $109,818 fees
ROBERT C BROWER$9,415
BROWN & BROWN INSURANCE SERVICES$12,775 · incl $282 fees
AZURANCE GROUP$749
IMG$454 · incl $454 fees
Individual agent · names withheld$360

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 450277395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.