| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MICHAEL VALENTINE3 | 303 W 5400 S STE 101 MURRAY, UT 84107 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $56K | $10K | $66K | 1.41% |
| JOANIE HARDCASTLE3 | 305 W 5400 S STE 101 MURRAY, UT 84107 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $55K | $9K | $64K | 1.37% |
| TODD VALENTINE3 | 302 W 5400 S STE 101 MURRAY, UT 84107 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $43K | $6K | $49K | 1.05% |
| SPENCER WALL3 | 304 W 5400 S STE 101 MURRAY, UT 84107 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $35K | $6K | $41K | 0.88% |
| JASON KNIGHT3 | 7730 S UNION PARK AVE STE 250 MIDVALE, UT 84047 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $17K | $441 | $18K | 0.38% |
| TIMOTHY T KING3 | 2200 S MAIN ST STE 600 S SALT LAKE, UT 84115 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $16K | $412 | $16K | 0.35% |
| CAROL DANA3 | 6550 S MILLROCK DR STE 300 SALT LAKE CITY, UT 84121 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $5K | $169 | $5K | 0.11% |
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 | 453 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 453 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | REGENCE BLUECROSS BLUESHIELD OF UTAH | 839 | $4.7M |
| Vision | REGENCE BLUECROSS BLUESHIELD OF UTAH | 839 | $4.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 839 | — |
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."
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.