Plan Ledger DOL Form 5500 · updated monthly

Flagship Financial Group, Inc.benefits

Flagship Financial Group, Inc. Employee Benefits Plan · WAYZATA, MN · plan year 2025

Broker compensation reported · 2025
$53,850

Flagship Financial Group, Inc.'s benefits plans covered 151 active participants in 2025, providing health · life · dental · vision. Insurance brokers and agents were paid $53,850 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $357 per covered person, above the median for employer plans that report broker pay. Broker pay rose 54% from $34,863 in 2024.

Insurance contracts · 20253
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · healthpremiums n/a · 176 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 146 covered
EYEMED VISION CARE · visionpremiums n/a · 194 covered
Brokers & agents paid · 20256
FLAGSHIP INSURANCE SERVICES INC$36,500
FLAGSHIP INSURANCE SERVICES, INC.$12,816
BENEUSA LLC$2,563
FLAGSHIP INSURANCE SERVICES$861
ENROLLEASE INC$744 · incl $744 fees
Individual agent · names withheld$366

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 Flagship Insurance Services Inc4

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410531690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.