| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC3 | 2200 S MAIN #600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | $86K | $26K | $112K | 18.88% |
| PAYCOR INC3 | PO BOX 639860 CINCINNATI, OH 45263 | STANDARD INSURANCE COMPANY | — | $20K | $20K | 3.37% |
| GBS BENEFITS INC3 | 2200 S MAIN #600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | $34K | $9K | $43K | 17.21% |
| PAYCOR INC3 | PO BOX 639860 CINCINNATI, OH 45263 | STANDARD INSURANCE COMPANY | — | $8K | $8K | 3.39% |
| GBS BENEFITS INC3 | 2200 S MAIN #600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | $24K | $7K | $31K | 16.59% |
| PAYCOR INC3 | PO BOX 639860 CINCINNATI, OH 45263 | STANDARD INSURANCE COMPANY | — | $6K | $6K | 3.39% |
| FLEXVISION | 15400 CALHOUN DR STE 125 ROCKVILLE, MD 20855 | FLEXVISION MD | — | — | $0 | 0.00% |
| GBS BENEFITS INC3 | 2200 S MAIN #600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | $130 | $28 | $158 | 22.73% |
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 | 2,167 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 2,167 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | FLEXVISION MD | 2,540 | $128K |
| Life insurance | STANDARD INSURANCE COMPANY | 2,032 | $592K |
| Short-term disability | STANDARD INSURANCE COMPANY | 596 | $247K |
| Long-term disability | STANDARD INSURANCE COMPANY | 2,022 | $189K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,540 | — |
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.