| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E STE 300 SALT LAKE CITY, UT 84111 | EDUCATORS MUTUAL PLANS | $65K | — | $65K | 2.75% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E STE 300 SAQLT LAKE CITY, UT 84111 | UNUM LIFE INS COMPANY | $31K | $196 | $31K | 47.99% |
| EMPLOYEE CHOICE SOLUTIONS3 Filed as: EMPLOYEE CHOICE SOLUTIONS INS | 216 S 200 W CEDAR CITY, UT 84720 | UNUM LIFE INS COMPANY | — | $1K | $1K | 2.05% |
| BGS BENEFITS INC3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 84111 | UNUM LIFE INS COMPANY | $5K | $2K | $7K | 13.85% |
| GBS BENEFITS INC3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 84111 | UNUM LIFE INS COMPANY | $2K | $240 | $2K | 16.80% |
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 | 312 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 312 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | EDUCATORS MUTUAL PLANS | 995 | $2.4M |
| Dental | EDUCATORS MUTUAL PLANS | 995 | $2.4M |
| Vision | EDUCATORS MUTUAL PLANS | 995 | $2.4M |
| Life insurance | UNUM LIFE INS COMPANY | 369 | $49K |
| Short-term disability | UNUM LIFE INS COMPANY | 369 | $49K |
| Long-term disability | UNUM LIFE INS COMPANY | 369 | $49K |
| Other(3 contracts) | UNUM LIFE INS COMPANY | 369 | $127K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 995 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.