| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| DEARDEN & ASSOCIATES INC INS GROUP3 Filed as: DEARDEN & ASSOCIATES INSURANCE INC. | 1124 W. SOUTH JORDAN PKWY SUITE D SOUTH JORDAN, UT 84095 | AFR LIFE INSURANCE COMPANY | $81K | $0 | $81K | 53.56% |
| DEARDEN & ASSOCIATES INC INS GROUP3 Filed as: DEARDEN & ASSOC INC. INS GROUP | 1124 W. SOUTH JORDAN PKWY SUITE D SOUTH JORDAN, UT 84095 | SUN LIFE ASSURANCE COMPANY OF CANADA | $10K | $0 | $10K | 15.00% |
| DEARDEN & ASSOCIATES INC INS GROUP3 Filed as: DEARDEN & ASSOCIATES INSURANCE | P.O. BOX 686 HERBER CITY, UT 840320686 | HARTFORD LIFE AND ACCIDENT | $6K | $0 | $6K | 15.00% |
| GIS BENEFITS INC3 | 422 WAUPONSEE ST MORRIS, IL 60450 | HARTFORD LIFE AND ACCIDENT | $0 | $2K | $2K | 4.58% |
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 | 430 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 431 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(2 contracts, 2 carriers) | AFR LIFE INSURANCE COMPANY | 150 | $216K |
| Short-term disability | HARTFORD LIFE AND ACCIDENT | 344 | $37K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANADA | 135 | $65K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 344 | — |
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.
The primary carrier changed from prior filing. The plan is already willing to move; opportunity to re-pitch on the next cycle.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.