| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PCF INSURANCE SERVICES OF THE WEST3 Filed as: PCF DBA MCCORMACK INSURANCE / | DENNIS MCCORMACK 5200 SOUTH HIGHLAND DRIVE, STE 200 SALT LAKE CITY, UT 84117 | EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC | $896 | — | $896 | 4.00% |
| MCCORMACK INSURANCE STRATEGIES3 Filed as: MCCORMACK INSURANCE | STRATEGIES INSURANCE AGENCY PO BOX 9316 SALT LAKE CITY, UT 841090316 | PRINCIPAL LIFE INSURANCE COMPANY | $2K | — | $2K | 14.90% |
| PARAGON PARTNERS LTD3 | 9420 E DOUBLETREE RANCH RD STE C-103 SCOTTSDALE, AZ 852585589 | PRINCIPAL LIFE INSURANCE COMPANY | $623 | — | $623 | 3.98% |
| PCF INSURANCE SERVICES OF THE WEST3 Filed as: PCF INSURANCE OF THE WEST | 5200 S HIGHLAND DRIVE SUITE 200 HOLLIDAY, UT 84117 | PRINCIPAL LIFE INSURANCE COMPANY | -$1 | — | -$1 | -0.01% |
| PCF INSURANCE SERVICES OF THE WEST3 Filed as: PCF DBA MCCORMACK INSURANCE / | DENNIS MCCORMACK 5200 SOUTH HIGHLAND DRIVE, STE 200 SALT LAKE CITY, UT 84117 | EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC | $561 | — | $561 | 4.00% |
No Schedule C service providers reported on this filing.
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 | 431 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 14 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 445 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC | 157 | $22K |
| Vision | EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC | 138 | $14K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 431 | $16K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 431 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.