| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LEAVITT GROUP Filed as: BEEHIVE INSURANCE AGENCY INC | 4393 SOUTH RIVERBOAT ROAD, SUI SALT LAKE CITY, UT 84123 | GUARDIAN | $645K | — | $645K | 17.73% |
| LEAVITT GROUP Filed as: BEEHIVE INSURANCE AGENCY INC | PO BOX 571431 MURRAY, UT 84157 | COMMENCEMENT BAY RISK MANAGEMENT INSURANCE | — | — | $0 | 0.00% |
| EMPLOYEE NAVIGATOR, LLC | 7979 OLD GEORGETOWN RD STE 300 BETHESDA, MD 208142554 | VISION SERVICE PLAN | $2K | $50K | $51K | 14.68% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| REGENCE BLUECROSS BLUESHIELD OF UTA EIN 87-0200138 CLAIMS PROCESSING | Other services; Non-monetary compensation; Claims processing; Insurance brokerage commissions and fees; Direct payment from the plan; Float revenue; Contract Administrator Service code 12 | 2890 EAST COTTOWNWOOD PKWY SALT LAKE CITY, UT 84121 | $1.7M |
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 | 2,974 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 2,974 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | COMMENCEMENT BAY RISK MANAGEMENT INSURANCE | 8,193 | $2.2M |
| Vision | VISION SERVICE PLAN | 3,172 | $350K |
| Life insurance | GUARDIAN | 3,722 | $3.6M |
| Short-term disability | GUARDIAN | 3,722 | $3.6M |
| Long-term disability | GUARDIAN | 3,722 | $3.6M |
| Stop-loss / reinsurancereinsurance | COMMENCEMENT BAY RISK MANAGEMENT INSURANCE | 8,193 | $2.0M |
| Other(2 contracts, 2 carriers) | GUARDIAN | 3,722 | $3.7M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 8,193 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
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.