| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FINANCIAL CONCEPTS OF AMERICA, INC.3 Filed as: FINANCIAL CONCEPTS OF AMERICA INC. | PO BOX 17226 SALT LAKE CITY, UT 84117 | COMMENCEMENT BAY RISK MANAGEMENT INSURANCE COMPANY | — | — | $0 | 0.00% |
| FINANCIAL CONCEPTS OF AMERICA, INC.3 Filed as: FINANCIAL CONCEPTS OF AMERICA, INC | 5253 HILLSDEN DR SALT LAKE CITY, UT 84117 | SUN LIFE ASSURANCE COMPANY OF CANADA - LIFE & DISABILITY | $38K | — | $38K | 15.08% |
| FINANCIAL CONCEPTS OF AMERICA, INC.3 Filed as: FINANCIAL CONCEPTS OF AMERICA INC | 5253 HILLSDEN DR SALT LAKE CITY, UT 84117 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $82K | $10K | $92K | 55.60% |
| CIGNA5 Filed as: CIGNA HEALTH AND LIFE INSURANCE COM | 150 SOUTH 5TH STREET SUITE 2300 MINNEAPOLIS, MN 55402 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | — | $19K | $19K | 37.66% |
| FINANCIAL CONCEPTS OF AMERICA, INC.3 | 5253 HILLSDEN DR SALT LAKE CITY, UT 84117 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $55 | — | $55 | 0.11% |
| FINANCIAL CONCEPTS OF AMERICA, INC.0 | 5253 HILLSDEN DR SALT LAKE CITY, UT 84117 | SUN LIFE ASSURANCE COMPANY OF CANADA - DENTAL ASO & EAP | $12K | — | $12K | 51.77% |
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 | 446 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 446 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | COMMENCEMENT BAY RISK MANAGEMENT INSURANCE COMPANY | 446 | $813K |
| Dental | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 210 | $51K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANADA - LIFE & DISABILITY | 298 | $250K |
| Short-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA - LIFE & DISABILITY | 298 | $250K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANADA - LIFE & DISABILITY | 298 | $250K |
| Stop-loss / reinsurancereinsurance | COMMENCEMENT BAY RISK MANAGEMENT INSURANCE COMPANY | 446 | $596K |
| Other(2 contracts, 2 carriers) | SUN LIFE ASSURANCE COMPANY OF CANADA - LIFE & DISABILITY | 298 | $274K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 446 | — |
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.