| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JEFFREY T KELSEY3 Filed as: JEFFREY THOMAS KELSEY | 5075 SOUTH 1500 WEST RIVERDALE, UT 84405 | AETNA LIFE INSURANCE CO. | $43K | — | $43K | 9.42% |
| MERITAIN HEALTH3 | 10150 SOUTH CENTENNIAL PARKWAY SUITE 450 SANDY, UT 84070 | HCC LIFE INSURANCE COMPANY | — | $5K | $5K | 2.50% |
| MERITAIN HEALTH3 | 300 CORPORATE PARKWAY AMHERST, NY 14226 | VISION SERVICE PLAN | $2K | — | $2K | 2.67% |
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 | 506 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 2 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 510 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 491 | $93K |
| Life insurance | AETNA LIFE INSURANCE CO. | 591 | $457K |
| Long-term disability | AETNA LIFE INSURANCE CO. | 591 | $457K |
| Stop-loss / reinsurancereinsurance | HCC LIFE INSURANCE COMPANY | 507 | $189K |
| Other(2 contracts, 2 carriers) | AETNA LIFE INSURANCE CO. | 591 | $469K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 591 | — |
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.