| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LEAVITT GROUP3 Filed as: BEEHIVE INSURANCE | 302 W 5400 S SUITE 101 MURRAY, UT 84107 | DENTIST DIRECT LLC | $4K | — | $4K | 6.00% |
| LEAVITT GROUP3 Filed as: BEEHIVE INSURANCE AGENCY INC | PO BOX 571431 SALT LAKE CITY, UT 84157 | PRINCIPAL LIFE INSURANCE COMPANY | $6K | $2K | $7K | 12.47% |
| WATCHTOWER BENEFITS, LLC3 | 306 W ERIE ST STE 300 CHICAGO, IL 60654 | PRINCIPAL LIFE INSURANCE COMPANY | — | $813 | $813 | 1.37% |
| LEAVITT GROUP3 Filed as: BEEHIVE INSRANCE AGENCY INC | 302 W 5400 S SUITE 101 MURRAY, UT 84107 | TRANSAMERICA LIFE INSURANCE COMPANY | $8K | — | $8K | 32.32% |
| LEAVITT GROUP3 Filed as: BEEHIVE INSURANCE AGENCY INC | PO BOX 571431 SALT LAKE CITY, UT 84157 | METROPOLITAN LIFE INSURANCE COMPANY | $939 | — | $939 | 9.12% |
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 | 121 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 121 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DENTIST DIRECT LLC | 83 | $60K |
| Vision | METROPOLITAN LIFE INSURANCE COMPANY | 76 | $10K |
| Life insurance | PRINCIPAL LIFE INSURANCE COMPANY | 122 | $59K |
| Short-term disability | PRINCIPAL LIFE INSURANCE COMPANY | 122 | $59K |
| Other | TRANSAMERICA LIFE INSURANCE COMPANY | 72 | $23K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 122 | — |
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.
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.