| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E #300 SALT LAKE CITY, UT 84111 | UNIVERSITY OF UTAH HEALTH INSURANCE PLANS | $76K | $76K | $152K | 2.03% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E STE #300 SALT LAKE CITY, UT 84111 | SUN LIFE ASSURANCE COMPANY OF CANANDA | $59K | $14K | $74K | 12.09% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS, INC | 465 SOUTH 400 EAST SUITE 300 SALT LAKE CITY, UT 84111 | OPTICARE VISION SERVICES | $5K | — | $5K | 2.15% |
| GBS BENEFITS INS AGENCY3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 84111 | METROPOLITAN LIFE INSURANCE COMPANY | $13K | — | $13K | 30.49% |
| GBS BENEFITS INS AGENCY3 | 465 S 400 E STE 300 SALT LAKE CITY, UT 84111 | METROPOLITAN LIFE INSURANCE COMPANY | $5K | — | $5K | 14.28% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | SELECT BENEFITS GROUP, LLC | $10K | — | $10K | — |
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 | 739 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 739 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 2 carriers) | UNIVERSITY OF UTAH HEALTH INSURANCE PLANS | 1,528 | $7.6M |
| Dental | SELECT BENEFITS GROUP, LLC | 561 | $0 |
| Vision | OPTICARE VISION SERVICES | 436 | $255K |
| Life insurance | SUN LIFE ASSURANCE COMPANY OF CANANDA | 757 | $609K |
| Long-term disability | SUN LIFE ASSURANCE COMPANY OF CANANDA | 757 | $609K |
| Other | SUN LIFE ASSURANCE COMPANY OF CANANDA | 757 | $609K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 1,528 | — |
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.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.