Plan Ledger DOL Form 5500 · updated monthly

Minnesota Coaches, Inc.benefits

Minnesota Coaches Flexible Benefit Plan · HASTINGS, MN · plan year 2024

Broker compensation reported · 2024
$199,154

Minnesota Coaches, Inc.'s benefits plans covered 260 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $199,154 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $766 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 10.5x the $18,906 reported for 2023.

Insurance contracts · 20249
HEALTH PARTNERS · health drug visionpremiums n/a · 94 covered
DDMN ASO, LLC · dentalpremiums n/a · 121 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 176 covered
HEALTH PARTNERS · health drug visionpremiums n/a · 76 covered
DDMN ASO, LLC · dentalpremiums n/a · 162 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 158 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 146 covered
DDMN ASO, LLC · dentalpremiums n/a · 105 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 155 covered
Brokers & agents paid · 20246
CHARLES L SEIVERT$93,055 · incl $966 fees
STEVEN M SHAFER$17,784
NORTH RISK PARTNERS LLC$55,130 · incl $1,699 fees
NORTH RISK PARTNERS LCC$27,197 · incl $1,754 fees
ARCHON LLC$5,824 · incl $5,824 fees
EMERSON REID LLC$164 · incl $164 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410975436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.