Plan Ledger DOL Form 5500 · updated monthly

Chas a. Bernick, Inc.benefits

The Bernicks Companies Life and Disability Benefit Plan · WAITE PARK, MN · plan year 2025

Previously filed as Chas. a. Bernick, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2025
$38,838

Chas a. Bernick, Inc.'s benefits plans covered 474 active participants in 2025, providing life · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $38,838 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $82 per covered person, below the median for employer plans that report broker pay. Broker pay fell 7.6% from $42,052 in 2024.

Insurance contracts · 20255
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 474 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 181 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 109 covered
UNUM INSURANCE COMPANYpremiums n/a · 77 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 305 covered
Brokers & agents paid · 20252
BROWN & BROWN INS. SERVICES INC$38,826 · incl $9,626 fees
Individual agent · names withheld$12

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

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410149440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.