Plan Ledger DOL Form 5500 · updated monthly

Minnesota Timberwolves Basketball Limited Partnershipbenefits

Minnesota Timberwolves Basketball Limited Partnership Employee Welfare Benefit Plan · MINNEAPOLIS, MN · plan year 2025

Broker compensation reported · 2025
$99,697

Minnesota Timberwolves Basketball Limited Partnership's benefits plans covered 261 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $99,697 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $382 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.4% from $102,185 in 2024.

Insurance contracts · 20254
BSBSM, INC D.B.A. BLUE CROSS AND BLUE SHIELD · healthpremiums n/a · 393 covered
EYEMED · visionpremiums n/a · 237 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 261 covered
SUN LIFE ASSURANCE COMPANY OF CANADApremiums n/a · 86 covered
Brokers & agents paid · 20251
MARSH & MCLENNAN AGENCY LLC$99,697 · incl $6,687 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 411796677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.