| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MORETON & COMPANY3 Filed as: MORETON & CO | — | CIGNA HEALTH & LIFE INSURANCE COMPANY | $128K | $0 | $128K | 10.00% |
| MORETON & COMPANY3 Filed as: MORETON & CO | 709 E SOUTH TEMPLE SALT LAKE CITY, UT 84102 | ANTHEM | $15K | $0 | $15K | 1.93% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ROCKY MOUNTAIN HOSPITAL EIN 84-0747736 NONE | Float revenue; Claims processing; Other services; Other fees; Contract Administrator; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 12 | — | $770K |
| FRED A MORETON & CO EIN 87-0218394 NONE | Insurance agents and brokers; Insurance brokerage commissions and fees; Other commissions Service code 22 | 101 SOUTH 200 EAST SUITE 300 SALT LAKE CITY, UT 84111 | $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 | 1,169 | 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. |
| Total participants (= "Plan participants" tile) | 1,169 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | CIGNA HEALTH & LIFE INSURANCE COMPANY | 121 | $1.3M |
| Dental | CIGNA HEALTH & LIFE INSURANCE COMPANY | 121 | $1.3M |
| Vision | CIGNA HEALTH & LIFE INSURANCE COMPANY | 121 | $1.3M |
| Stop-loss / reinsurancereinsurance | ANTHEM | 1,169 | $796K |
| Other(2 contracts, 2 carriers) | CIGNA HEALTH & LIFE INSURANCE COMPANY | 1,169 | $2.1M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,169 | — |
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.