| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC3 Filed as: GBS BENEFITS LLC | 465 S 400 E SALT LAKE CITY, UT 84111 | AETNA LIFE INSURANCE CO | $3K | — | $3K | 0.06% |
| GBS BENEFITS INC0 Filed as: GBS BENEFITS INC. | 465 S 400 E STE 300 SALT LAKE CITY, UT 84111 | SELECT BENEFITS GROUP, LLC. | $15K | — | $15K | 6.80% |
| EMPLOYEE CHOICE SOLUTIONS3 | INSURANCE AGCY INC 465 SOUTH 400 EAST STE 300 SALT LAKE CITY, UT 84111 | HARTFORD LIFE AND ACCIDENT | $17K | — | $17K | 10.39% |
| GBS BENEFITS INC3 | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | HARTFORD LIFE AND ACCIDENT | $10K | — | $10K | 6.15% |
| LEAVITT GROUP3 Filed as: LEAVITT GROUP AGCY ASSOC LLC | 216 SOUTH 200 WEST CEDAR CITY, UT 84720 | HARTFORD LIFE AND ACCIDENT | $0 | $3K | $3K | 2.01% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS INC. | 465 S. 400 E. STE. 300 SALT LAKE CITY, UT 84111 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $10K | $6K | $16K | 15.80% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS, INC. | 465 S. 400 E. #300 SALT LAKE CITY, UT 84111 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $10K | $6K | $16K | 16.00% |
| GBS BENEFITS INC3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 84111 | LIFE INSURANCE COMPANY OF NORTH AMERICA | $0 | $4 | $4 | 7.14% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| GBS BENEFITS INC BROKER | Claims processing Service code 12 | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | $164K |
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 | 947 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 947 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | AETNA LIFE INSURANCE CO | 968 | $5.3M |
| Dental | SELECT BENEFITS GROUP, LLC. | 581 | $224K |
| Vision | AETNA LIFE INSURANCE CO | 968 | $5.3M |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 722 | $161K |
| Short-term disability(2 contracts, 2 carriers) | HARTFORD LIFE AND ACCIDENT | 722 | $261K |
| Long-term disability | LIFE INSURANCE COMPANY OF NORTH AMERICA | 0 | $100K |
| Other(2 contracts, 2 carriers) | HARTFORD LIFE AND ACCIDENT | 722 | $161K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 968 | — |
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."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.