| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| SUMMIT FINANCIAL GROUP INC.3 Filed as: SUMMIT INSURANCE GROUP, LLC | 7430 S CREEK RD, STE 300 SANDY, UT 840936160 | KAISER PERMANENTE | $52K | — | $52K | 4.56% |
| SUMMIT INS SERVICES LLC3 Filed as: SUMMIT INS GROUP INC | 7430 S CREEK RD, STE 300 SANDY, UT 840936160 | UNITEDHEALTHCARE INSURANCE COMPANY | $22K | — | $22K | 4.65% |
| PARAGON PARTNERS LTD3 | 9420 E DOUBLETREE RANCH RD STE C-10 SCOTTSDALE, AZ 852585589 | UNITEDHEALTHCARE INSURANCE COMPANY | $6K | — | $6K | 1.23% |
| PARAGON PARTNERS LTD3 | 9420 E DOUBLETREE RANCH RD STE C-10 SCOTTSDALE, AZ 852585589 | PRINCIPAL LIFE INSURANCE COMPANY | — | $16K | $16K | 5.00% |
| MARK REESE HUNTER3 | 2578 E BEECHNUT CT CHANDLER, AZ 852493514 | PRINCIPAL LIFE INSURANCE COMPANY | $14K | — | $14K | 4.44% |
| MILLER & WADE INSURANCE AGENCY3 | 3200 W CLUBHOUSE DR STE 225 LEHI, UT 840434323 | PRINCIPAL LIFE INSURANCE COMPANY | $9K | — | $9K | 2.84% |
| SUMMIT INS SERVICES LLC3 Filed as: SUMMIT INS GROUP INC | 7430 S CREEK RD, STE 300 SANDY, UT 840936160 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | — | $5K | 1.48% |
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 | 132 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 132 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | KAISER PERMANENTE | 132 | $1.6M |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 132 | $316K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 132 | $316K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 132 | $316K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 132 | $316K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 132 | $316K |
| Stop-loss / reinsurancereinsurance | UNITEDHEALTHCARE INSURANCE COMPANY | 26 | $479K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 132 | $316K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 132 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.