| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALEX GLOECKNER3 | 101 SOUTH 200 EAST, SUITE 300 SALT LAKE CITY, UT 84111 | MOTIVEHEALTH INSURANCE CO | $37K | $0 | $37K | 6.51% |
| MORETON & COMPANY3 | PO BOX 58139 SALT LAKE CITY, UT 84158 | STARMOUNT LIFE INSURANCE COMPANY | $6K | $991 | $7K | 9.35% |
| MORETON & COMPANY3 | PO BOX 58139 SALT LAKE CITY, UT 84158 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $1K | $678 | $2K | 5.61% |
| MORETON & COMPANY3 Filed as: FRED A MORETON & COMPANY DBA | 101 SOUTH 200 EAST STE SALT LAKE CITY, UT 84111 | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | $2K | $0 | $2K | 14.56% |
| MORETON & COMPANY3 | PO BOX 58139 SALT LAKE CITY, UT 84158 | UNUM LIFE INSURANCE COMPANY OF AMERICA | $604 | $151 | $755 | 18.76% |
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 | 424 | 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) | 424 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | STARMOUNT LIFE INSURANCE COMPANY | 284 | $71K |
| Vision | NATIONAL GUARDIAN LIFE INSURANCE COMPANY | 238 | $11K |
| Life insurance | UNUM LIFE INSURANCE COMPANY OF AMERICA | 424 | $39K |
| Short-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 424 | $39K |
| Long-term disability | UNUM LIFE INSURANCE COMPANY OF AMERICA | 424 | $39K |
| Prescription drug | MOTIVEHEALTH INSURANCE CO | 393 | $566K |
| Stop-loss / reinsurancereinsurance | MOTIVEHEALTH INSURANCE CO | 393 | $566K |
| Other(2 contracts) | UNUM LIFE INSURANCE COMPANY OF AMERICA | 424 | $43K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 424 | — |
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.