| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC3 Filed as: GBS BENEFITS INC. | 2200 S MAIN STREET SUITE 600 SOUTH SALT LAKE, UT 84115 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $151 | $2K | 10.79% |
| DEARDEN & ASSOCIATES INC INSURANCE3 Filed as: DEARDEN & ASSOC INC. INSURANCE | 1124 W SOUTH JORDAN PKWY #D SOUTH JORDAN, UT 84095 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $734 | $0 | $734 | 3.49% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS INC. | 2200 S MAIN ST #600 SOUTH SALT LAKE, UT 84115 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | $101 | $2K | 10.78% |
| DEARDEN & ASSOCIATES INC INSURANCE3 Filed as: DEARDEN & ASSOC INC INSURANCE GROUP | 1124 W SOUTH JORDAN PKWY #D SOUTH JORDAN, UT 84095 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $720 | $0 | $720 | 4.92% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS INC. | 2200 S MAIN STREET #600 SOUTH SALT LAKE, UT 84115 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $880 | $50 | $930 | 10.54% |
| DEARDEN & ASSOCIATES INC INSURANCE3 Filed as: DEARDEN & ASSOC INC INSURANCE GROUP | 1124 W SOUTH JORDAN PKWY #D SOUTH JORDAN, UT 84095 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $444 | $0 | $444 | 5.03% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS INC. | 2200 S MAIN STREET SUITE 600 SOUTH SALT LAKE, UT 84115 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $606 | $49 | $655 | 9.58% |
| DEARDEN & ASSOCIATES INC INSURANCE3 Filed as: DEARDEN & ASSOC INC. INSURANCE | 1124 W SOUTH JORDAN PKWY #D SOUTH JORDAN, UT 84095 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $256 | $0 | $256 | 3.74% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS INC. | 2200 S MAIN ST #600 SOUTH SALT LAKE, UT 84115 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $657 | $30 | $687 | 10.52% |
| DEARDEN & ASSOCIATES INC INSURANCE3 Filed as: DEARDEN & ASSOC INC INSURANCE GROUP | 1124 W SOUTH JORDAN PKWY #D SOUTH JORDAN, UT 84095 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $323 | $0 | $323 | 4.95% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E #300 SALT LAKE CITY, UT 84111 | ASSURITY LIFE INSURANCE COMPANY | $410 | $0 | $410 | 14.68% |
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 | 101 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 1 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 102 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance(4 contracts, 2 carriers) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 182 | $31K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 42 | $9K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 111 | $21K |
| Other(3 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 182 | $28K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 182 | — |
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.
Multiple-employer welfare arrangement. Specific regulatory and compliance context; specific consultant niche.