Plan Ledger DOL Form 5500 · updated monthly

Dakota Electric Associationbenefits

Dakota Electric Association Welfare Benefit Plan · FARMINGTON, MN · plan year 2025

Broker compensation reported · 2025
$92,259

Dakota Electric Association's benefits plans covered 198 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $92,259 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $466 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 6.9% from $99,115 in 2024.

Insurance contracts · 20256
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 78 covered
HEALTHPARTNERS INSURANCE COMPANY · health drug dentalpremiums n/a · 348 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 198 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 198 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 198 covered
Brokers & agents paid · 20256
WILLIS TOWERS WATSON MIDWEST INC$79,272 · incl $49,569 fees
VARIOUS AGENTS - SEE ATTACHED*$6,947 · incl $375 fees
WILLIS TOWERS WATSON INS SVCS$3,258 · incl $3,258 fees
Also brokered by Wtw5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410212180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.