Plan Ledger DOL Form 5500 · updated monthly

People Incorporatedbenefits

People Incorporated Welfare Benefits Plan · EAGAN, MN · plan year 2025

Broker compensation reported · 2025
$27,900

People Incorporated's benefits plans covered 593 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $27,900 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $47 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 79% from $15,627 in 2024.

Insurance contracts · 20254
HEALTHPARTNERS · health drugpremiums n/a · 627 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 363 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 593 covered
UNUM INSURANCE COMPANYpremiums n/a · 220 covered
Brokers & agents paid · 20253
BROWN AND BROWN INS SVCS, INC.$12,335 · incl $12,335 fees
BROWN AND BROWN INSURANCE SVCS$11,109 · incl $11,109 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410962296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.