| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PERRY FINANCIAL GROUP DBA PFG INS3 Filed as: PERRY FINANCIAL GROUP INS | 782 PIONEER ROAD DRAPER, UT 840209300 | THE HARTFORD | $5K | — | $5K | 5.69% |
| PEOPLE PERFORMANCE LLC3 | 80 N 100 E PROVO, UT 84606 | THE HARTFORD | $0 | — | $0 | 0.00% |
| MILLER & WADE PERRY FINANCILA GORUP3 | 782 E PIONEER ROAD DRAPER, UT 84020 | DENTAL SELECT | $14K | — | $14K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PFG INSURANCE INC | Claims processing Service code 12 | 782 PIONEER ROAD DRAPER, UT 840209300 | $87K |
| PEOPLE PERFORMANCE LLC | Claims processing Service code 12 | 80 NORTH 100 EAST PROVO, UT 84606 | $30K |
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 | 382 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 382 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DENTAL SELECT | 34 | $0 |
| Life insurance | THE HARTFORD | 45 | $84K |
| Short-term disability | THE HARTFORD | 45 | $84K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 45 | — |
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."
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.