| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GIS BENEFITS INC3 Filed as: GIS BENEFITS, INC | 422 WAUPONSEE STREET MORRIS, IL 60450 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | $498 | $2K | 6.50% |
| DENVER MANAGEMENT ADVISORS3 | 5299 DTC BLVD STE 540 GREENWOOD VILLAGE, CO 80111 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 4.54% |
| GBS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $1K | $1K | 6.00% |
| DENVER MANAGEMENT ADVISORS3 | 5299 DTC BOULEVARD STE 540 GREENWOOD VILLAGE, CO 80111 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | — | $1K | 5.71% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 Filed as: BOON CHAPMAN BNFT AMDNSTRS INC. | PO BOX 9039 AUSTIN, TX 78766 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $1K | $1K | 5.01% |
| IMA, INC.3 Filed as: IMA INC | 95 SOUTH STATE ST STE 1300 SALT LAKE CITY, UT 84111 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $245 | — | $245 | 1.01% |
| DENVER MANAGEMENT ADVISORS3 | 5299 DTC BLVD STE 540 GREENWOOD VILLAGE, CO 80111 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $4K | — | $4K | 18.61% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $1K | $1K | 7.31% |
| BOON CHAPMAN BENEFIT ADMINISTRATORS3 Filed as: BOON CHAPMAN BNFT ADMNSTRTS INC | PO BOX 9039 AUSTIN, TX 78766 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | — | $952 | $952 | 5.01% |
| IMA, INC.4 Filed as: IMA INC | 95 SOUTH STATE STREET STE 1300 SALT LAKE CITY, UT 84111 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $633 | — | $633 | 3.33% |
| GIS BENEFITS INC3 | 722 WAUPONSEE ST MORRIS, IL 60450 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $942 | $268 | $1K | 6.42% |
| DENVER MANAGEMENT ADVISORS3 | 5299 DTC BLVD STE 540 GREENWOOD VILLAGE, CO 80111 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $918 | — | $918 | 4.87% |
| GIS BENEFITS INC3 Filed as: GIS BENEFITS, INC. | 422 WAUPONSEE ST MORRISS, IL 60450 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $634 | $231 | $865 | 6.82% |
| DENVER MANAGEMENT ADVISORS3 | 5299 DTC BLVD STE 540 GREENWOOD VILLAGE, CO 80111 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $611 | — | $611 | 4.82% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| REGENCE BLUECROSS BLUESHIELD OF UT EIN 87-0200138 CLAIMS PROCESSING SERVICE | Float revenue; Claims processing; Insurance brokerage commissions and fees; Non-monetary compensation; Contract Administrator; Other services; Direct payment from the plan Service code 12 | — | $206K |
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 | 522 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 522 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 522 | $43K |
| Short-term disability(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 114 | $52K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 522 | $24K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 831 | — |
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."
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
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.