| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| ALTURA BENEFITS LLC3 | 428 E. WINCHESTER STREET SUITE 200 SALT LAKE CITY, UT 84107 | SELECTHEALTH | $39K | $8K | $47K | 5.99% |
| ALTURA BENEFITS LLC3 | 428 E WINCHESTER ST SUITE 200 SALT LAKE CITY, UT 84107 | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $29K | $0 | $29K | 6.52% |
| ALTURA BENEFITS LLC3 Filed as: ALTURA BENEFITS | 428 E WINCHESTER ST SUITE 200 SALT LAKE CITY, UT 84107 | PRINCIPAL LIFE INSURANCE COMPANY | $11K | $0 | $11K | 13.05% |
| ALTURA BENEFITS LLC3 | 428 E. WINCHESTER STREET SUITE 200 SALT LAKE CITY, UT 84107 | EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC. | $5K | $0 | $5K | 10.00% |
| ALTURA BENEFITS LLC3 | 428 E. WINCHESTER STREET SUITE 200 SALT LAKE CITY, UT 84107 | EDUCATORS MUTUAL PLANS LIFE, ACCIDENT AND HEALTH, INC. | $880 | $0 | $880 | 10.00% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO EIN 59-1031071 CLAIMS PROCESSOR | Other commissions; Contract Administrator Service code 13 | — | $118K |
| ALTURA BENEFITS, LLC ADMINISTRATOR | Contract Administrator Service code 13 | 428 E WINCHESTER ST SUITE 200 SALT LAKE CITY, UT 84107 | $92K |
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 | 192 | 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) | 192 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | SELECTHEALTH | 174 | $1.2M |
| Dental(3 contracts, 3 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 274 | $574K |
| Vision(3 contracts, 3 carriers) | CIGNA HEALTH AND LIFE INSURANCE COMPANY | 274 | $538K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 274 | $82K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 274 | $82K |
| Long-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 274 | $82K |
| Other | PRINCIPAL LIFE INSURANCE COMPANY | 274 | $82K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 274 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.