| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE SERVICES | 1100 E 6600 S STE 280 MURRAY, UT 84121 | GUARDIAN | $3K | $0 | $3K | 3.81% |
| USI INSURANCE SERVICES LLC3 | 200 SUMMIT LAKE DRIVE STE 350 VALAHALLA, NY 10595 | GUARDIAN | $361 | $0 | $361 | 0.43% |
| MORETON & COMPANY3 | PO BOX 58139 SALT LAKE, UT 84158 | GUARDIAN | $332 | $0 | $332 | 0.39% |
| KENT BINNING3 | 1132 E SUNSET DUNES DRAPER, UT 84020 | GUARDIAN | $147 | $0 | $147 | 0.17% |
| USI INSURANCE SERVICES LLC3 Filed as: USI INSURANCE | 1100 E 6600 S STE 280 MURRAY, UT 84121 | SUN LIFE ASSURANCE COMPANY OF CANADA | $1K | $0 | $1K | 6.32% |
| MORETON & COMPANY3 | 101 S 200 E STE 300 SALT LAKE, UT 84111 | SUN LIFE ASSURANCE COMPANY OF CANADA | $509 | $0 | $509 | 3.14% |
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 | 108 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 108 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | GUARDIAN | 77 | $84K |
| Vision | GUARDIAN | 77 | $84K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA | 101 | $16K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 101 | $16K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 101 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Schedule A presence shifted between filings (insured ↔ self-funded, or new contracts added/removed). Capture the transition window.