| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| PRESIDIO BENEFITS GROUP, INC.3 Filed as: THE PRESIDIO GROUP INC | 6967 SOUTH RIVER GTE DR STE 200 SALT LAKE CITY, UT 84047 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $0 | $0 | $0 | 0.00% |
| ADVANCED BENEFIT SOLUTIONS INC3 Filed as: ADVANCED BENEFIT SOLUTIONS & INS | 2353 BEAR HILLS CIRCLE DRAPER, UT 84020 | HARTFORD LIFE AND ACCIDENT | $8K | $0 | $8K | 4.48% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| REGENCE BLUECROSS BLUESHIELD OF UT EIN 87-0200138 CLAIMS PROCESSOR | Direct payment from the plan; Float revenue; Claims processing Service code 12 | — | $313K |
| HEALTHSMART BENEFIT SOLUTIONS EIN 75-1857307 CLAIMS PROCESSOR | Claims processing Service code 12 | — | $18K |
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 | 366 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 366 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | REGENCE BLUECROSS BLUESHIELD OF UTAH | 1,166 | $818K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 974 | $187K |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 974 | $187K |
| Other | HARTFORD LIFE AND ACCIDENT | 974 | $187K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,166 | — |
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 comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.