| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| STEALT PARTNER GROUP LLC3 | 18940 N PIMA RD STE 210 SCOTTSDALE, AZ 85255 | RELIASTAR LIFE INSURANCE COMPANY | $779K | — | $779K | 50.01% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS INC. | 2200 S MAIN STREET STE 600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | $81K | — | $81K | 21.32% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS INC. | 2200 S MAIN STREET STE 600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | — | $19K | $19K | 4.96% |
| LOCKTON COMPANIES, LLC3 Filed as: LOCKTON COMPANIES LLC | DEPT 999228 PO BOX 173850 DENVER, CO 80217 | STANDARD INSURANCE COMPANY | $11K | — | $11K | 2.98% |
| EMPLOYEE CHOICE SOLUTIONS3 Filed as: EMPLOYEE CHOICE SOLUTIONS INSURANCE | 2200 S MAIN STREET STE 600 SALT LAKE CITY, UT 84115 | STANDARD INSURANCE COMPANY | — | $11K | $11K | 2.86% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: CRAGIN & PIKE | 2603 W CHARLESTON BLVD LAS VEGAS, NV 89102 | STANDARD INSURANCE COMPANY | $477 | — | $477 | 0.13% |
| HUB INTERNATIONAL MIDWEST LIMITED3 Filed as: CRAGIN & PIKE | 2603 W CHARLESTON BLVD LAS VEGAS, NV 89102 | STANDARD INSURANCE COMPANY | — | $156 | $156 | 0.04% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| AMERIBEN / IEC GROUP EIN 82-0497661 CLAIMS PROCESSING | Claims processing Service code 12 | — | $357K |
| REGENCE BLUECROSS BLUESHIELD OF UT EIN 87-0200138 CLAIMS PROCESSING | Contract Administrator; Claims processing; Insurance brokerage commissions and fees; Other services; Non-monetary compensation; Direct payment from the plan; Float revenue Service code 12 | — | $303K |
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 | 8,003 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 8,003 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | DELTA DENTAL INSURANCE COMPANY | 2,118 | $0 |
| Vision | VISION SERVICE PLAN | 1,101 | $102K |
| Life insurance(2 contracts, 2 carriers) | RELIASTAR LIFE INSURANCE COMPANY | 1,756 | $1.9M |
| Short-term disability | STANDARD INSURANCE COMPANY | 1,756 | $379K |
| Prescription drug | RXBENEFITS, INC. | 1,099 | $0 |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 2,118 | — |
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.