| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC3 | 2200 S MAIN ST STE 600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | $180K | $48K | $227K | 17.43% |
| GBS BENEFITS INC3 | 2200 S MAIN ST STE 600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | $75K | $28K | $103K | 12.06% |
| GBS BENEFITS INC3 | 2200 S MAIN ST STE 600 SOUTH SALT LAKE, UT 84115 | RELIASTAR LIFE INSURANCE COMPANY | $136K | $19K | $155K | 24.88% |
| ADP INC3 Filed as: ADP, INC | PO BOX 842875 BOSTON, MA 02284 | RELIASTAR LIFE INSURANCE COMPANY | — | $7K | $7K | 1.13% |
| LEAVITT GROUP3 Filed as: LEAVITT PACIFIC INSURANCE BROKERS, | 1570 THE ALAMEDA STE 101 SAN JOSE, CA 95126 | KAISER FOUNDATION HEALTH PLAN, INC | $26K | — | $26K | 5.01% |
| GBS BENEFITS INC3 | 2200 S MAIN ST STE 600 SOUTH SALT LAKE, UT 84115 | STANDARD INSURANCE COMPANY | $61K | $16K | $77K | 17.21% |
| GBS BENEFITS INC3 | 2200 S MAIN ST STE 600 SALT LAKE CITY, UT 84115 | VISION SERVICE PLAN | $7K | — | $7K | 1.69% |
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 | 2,785 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 2,785 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | KAISER FOUNDATION HEALTH PLAN, INC | 59 | $529K |
| Vision | VISION SERVICE PLAN | 1,747 | $425K |
| Life insurance | STANDARD INSURANCE COMPANY | 2,812 | $1.3M |
| Short-term disability | STANDARD INSURANCE COMPANY | 1,020 | $449K |
| Long-term disability | STANDARD INSURANCE COMPANY | 2,817 | $850K |
| Other | RELIASTAR LIFE INSURANCE COMPANY | 1,490 | $623K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,817 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.