| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PCF INSURANCE SERVICES OF THE WEST3 Filed as: PCF INSURANCE SERVICES DBA MAGELLAN | 1345 W 1600 N STE 202 OREM, UT 84057 | EDUCATORS HEALTH PLANS LIFE, ACCIDENT AND HEALTH, INC | $34K | — | $34K | 5.88% |
| PCF INSURANCE SERVICES OF THE WEST3 | 199 N 290 W STE 200 LINDON, UT 84042 | PRINCIPAL LIFE INSURANCE COMPANY | $13K | — | $13K | 24.40% |
| PCF INSURANCE SERVICES OF THE WEST3 Filed as: PCF INSURANCE SERVICES DBA MAGELLAN | 1345 W 1600 N STE 202 OREM, UT 84057 | VISION SERVICE PLAN | $839 | — | $839 | 9.91% |
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 | 194 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 194 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EDUCATORS HEALTH PLANS LIFE, ACCIDENT AND HEALTH, INC | 78 | $579K |
| Dental | EDUCATORS HEALTH PLANS LIFE, ACCIDENT AND HEALTH, INC | 78 | $579K |
| Vision | VISION SERVICE PLAN | 50 | $8K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 193 | $54K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 193 | $54K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 193 | $54K |
| Other(2 contracts, 2 carriers) | EDUCATORS HEALTH PLANS LIFE, ACCIDENT AND HEALTH, INC | 193 | $633K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 193 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.