| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALTURA BENEFITS LLC3 | 428 E. WINCHESTER STREET SUITE 200 SALT LAKE CITY, UT 84107 | SELECTHEALTH | $38K | $8K | $45K | 5.99% |
| ALTURA BENEFITS LLC3 | 428 E WINCHESTER ST SUITE 200 SALT LAKE CITY, UT 84107 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $30K | $0 | $30K | 7.91% |
| ALTURA BENEFITS LLC3 Filed as: ALTURA BENEFITS | 428 E WINCHESTER ST SUITE 200 SALT LAKE CITY, UT 84107 | PRINCIPAL LIFE INSURANCE COMPANY | $8K | $0 | $8K | 11.59% |
| ALTURA BENEFITS LLC3 | 428 E. WINCHESTER STREET SUITE 200 SALT LAKE CITY, UT 84107 | EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC. | $4K | $0 | $4K | 10.00% |
| ALTURA BENEFITS LLC3 | 428 E. WINCHESTER STREET SUITE 200 SALT LAKE CITY, UT 84107 | EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC. | $718 | $0 | $718 | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| ALTURA BENEFITS, LLC ADMINISTRATOR | Contract Administrator Service code 13 | 428 E WINCHESTER ST SUITE 200 SALT LAKE CITY, UT 84107 | $88K |
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 CLAIMS PROCESSOR | Claims processing Service code 12 | — | $83K |
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 | 174 | 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) | 174 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | SELECTHEALTH | 161 | $1.1M |
| Dental(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 131 | $418K |
| Vision(2 contracts, 2 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 91 | $388K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 244 | $69K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 244 | $69K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 244 | $69K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 244 | $69K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 244 | — |
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.