| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 841113349 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $2K | $5K | 9.42% |
| GBS BENEFITS INC3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 841113349 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $2K | $5K | 9.68% |
| GBS BENEFITS INC3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 841113349 | LINCOLN NATIONAL LIFE INSUANCE COMPANY | $3K | $997 | $4K | 20.43% |
| GBS BENEFITS INC3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 841113349 | LINCOLN NATIONAL LIFE INSURANCE COMPANY | $3K | $970 | $4K | 20.37% |
| GBS BENEFITS INC | 465 S 400 E STE 300 SALT LAKE CITY, UT 841113349 | AMERICAN HERITAGE LIFE INSURANCE COMPANY | $5K | — | $5K | 50.14% |
| GBS BENEFITS INC | 465 S 400 E STE 300 SALT LAKE CITY, UT 84111 | AMERICAN HERITAGE LIFE INSURANCE COMPANY | $6K | — | $6K | 70.03% |
| GBS BENEFITS INC3 | 465 S 400 E. STE 300 SALT LAKE CITY, UT 841113349 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $755 | — | $755 | 10.00% |
| GBS BENEFITS INC | 465 S 400 E. STE 300 SALT LAKE CITY, UT 841113349 | UNITEDHEALTHCARE INSURANCE COMPANY | — | — | $0 | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| UNITED HEALTHCARE SERVICES INC EIN 41-1289245 CLAIMS PROCESSOR | Claims processing; Other services Service code 12 | — | $64K |
| GBS BENEFITS INC EIN 87-0680571 BROKER | Other commissions Service code 55 | — | $0 |
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 184 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 0 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 184 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITEDHEALTHCARE INSURANCE COMPANY | 184 | $0 |
| Dental | UNITEDHEALTHCARE INSURANCE COMPANY | 184 | $0 |
| Vision | UNITEDHEALTHCARE INSURANCE COMPANY | 184 | $0 |
| Life insurance(3 contracts, 3 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 166 | $78K |
| Long-term disability | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 44 | $18K |
| Other(3 contracts, 2 carriers) | LINCOLN NATIONAL LIFE INSURANCE COMPANY | 164 | $67K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 184 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.