Form 5500 · Employee benefit plan · ABERDEEN, SD
KESSLER'S, INC.
The filing calls this plan KESSLERS, INC. EMPLOYEE WRAP BENEFIT PLAN.
KESSLER'S, INC. of ABERDEEN, SD files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is USI INSURANCE SERVICES, LLC. Coverage is written through AVERA HEALTH PLANS, INC. and 4 other carriers. The plan's most recent policy period ended in April.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 46-0260290 · plan 504 · plan year 2025, filed Mar 12, 2026
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How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Also declared: death benefits.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 5 insured contracts covering health, dental, vision, life and disability; the largest, with AVERA HEALTH PLANS, INC., covers 128 people.
Reported premium across the insured contracts is $945,609, with $42,309 in disclosed broker commissions — about 4.5% of premium.
The most recent policy period ended in April, and the plan year ends April 30. Group contracts typically renew on that annual cycle.
USI INSURANCE SERVICES, LLC is the broker of record on 2 of the 5 contracts; the rest name a different broker or none.
5 carriers appear on the filing, including AVERA HEALTH PLANS, INC., DELTA DENTAL OF SOUTH DAKOTA, PRINCIPAL LIFE INSURANCE COMPANY and VISION SERVICE PLAN. AVERA HEALTH PLANS, INC. writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| AVERA HEALTH PLANS, INC. | Health | 128 | May 1, 2025 | $812,658 | $28,775 |
| PRINCIPAL LIFE INSURANCE COMPANY | Life, Disability | 133 | May 1, 2025 | $50,131 | $7,776 |
| DELTA DENTAL OF SOUTH DAKOTA | Dental | 146 | May 1, 2025 | $62,808 | $3,140 |
| VISION SERVICE PLAN | Vision | 77 | May 1, 2025 | $11,498 | $1,726 |
| COLONIAL LIFE & ACCIDENT INSURANCE COMPANY | Health | 8 | Jul 1, 2024 | $8,514 | $892 |
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. We publish company names only.
Other plans filed by this employer
How this plan compares
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