Form 5500 · Employee benefit plan · SIOUX FALLS, SD
VERN EIDE MOTORCARS, INC.
Public Form 5500 records show how VERN EIDE MOTORCARS, INC. of SIOUX FALLS, SD, a retail employer, structures its employee benefits. Its broker of record is MARSH MCLENNAN AGENCY LLC. Coverage is written through AVERA HEALTH PLANS, INC. and 2 other carriers. The plan's most recent policy period ended in December.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 46-0281291 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 3 insured contracts covering health, dental and vision; the largest, with AVERA HEALTH PLANS, INC., covers 511 people.
Reported premium across the insured contracts is $2,488,843, with $9,478 in disclosed broker commissions — about 0.4% of premium.
The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.
MARSH MCLENNAN AGENCY LLC is the broker of record on 2 of the 3 contracts; the rest name a different broker or none.
3 carriers appear on the filing — AVERA HEALTH PLANS, INC., PRINCIPAL LIFE INSURANCE COMPANY and METROPOLITAN LIFE INSURANCE COMPANY — with AVERA HEALTH PLANS, INC. writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Dental, Vision | 544 | December | $227,488 | $9,220 |
| METROPOLITAN LIFE INSURANCE COMPANY | Dental | 0 | December | — | $258 |
| AVERA HEALTH PLANS, INC. | Health | 511 | December | $2,261,355 | $0 |
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