| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PARAGON PARTNERS LTD3 | 9420 E DOUBLETREE RANCH RD STE C-103 SCOTTSDALE, AZ 852585589 | PRINCIPAL LIFE INSURANCE COMPANY | $15K | $4K | $19K | 4.94% |
| MCCORMACK INSURANCE STRATEGIES3 | PO BOX 9316 SALT LAKE CITY, UT 841090316 | PRINCIPAL LIFE INSURANCE COMPANY | $16K | — | $16K | 4.10% |
| PCF INSURANCE SERVICES OF THE WEST3 Filed as: PCF INS SERVICES OF THE WEST LLC | PO BOX 9316 SALT LAKE CITY, UT 841090316 | PRINCIPAL LIFE INSURANCE COMPANY | $16K | — | $16K | 4.10% |
| PCF INSURANCE SERVICES OF THE WEST3 | DBA RBI 90 W 500 S PMB 243 BOUTIFUL, UT 840106230 | PRINCIPAL LIFE INSURANCE COMPANY | — | $7K | $7K | 1.80% |
| PCF INSURANCE SERVICES OF THE WEST3 Filed as: PCF INSURANCE OF THE WEST | DBA MCCORMACK CONSULTING 5200 S HIGHLAND DRIVE STE 200 HOLLIDAY, UT 84117 | PRINCIPAL LIFE INSURANCE COMPANY | $5K | — | $5K | 1.28% |
| PCF INSURANCE SERVICES OF THE WEST3 Filed as: PCF INS SERVICES OF THE WEST LLC | 90 W 500 S #243 BOUNTIFUL, UT 84010 | TRANSAMERICA LIFE INSURANCE COMPANY | $64K | — | $64K | 21.26% |
| PARAGON PARTNERS LTD3 Filed as: PARAGON PARTNERS LIMITED | 9420 E DOUBLETREE RANCH RD STE C-103 SCOTTSDALE, AZ 85258 | TRANSAMERICA LIFE INSURANCE COMPANY | $15K | — | $15K | 5.18% |
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 | 277 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 29 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 306 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | TRANSAMERICA LIFE INSURANCE COMPANY | 440 | $299K |
| Dental | PRINCIPAL LIFE INSURANCE COMPANY | 490 | $388K |
| Vision | PRINCIPAL LIFE INSURANCE COMPANY | 490 | $388K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 490 | $388K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 490 | $388K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 490 | $388K |
| Other(2 contracts, 2 carriers) | PRINCIPAL LIFE INSURANCE COMPANY | 490 | $687K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 490 | — |
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.