| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| JON MORGAN3 | 111 E BROADWAY STE 1400 SALT LAKE CITY, UT 84111 | NORTHWESTERN MUTUAL | $8K | $2K | $10K | 13.77% |
| TMG AGENCY LLC3 | 111 E BROADWAY STE 1400 SALT LAKE CITY, UT 84111 | NORTHWESTERN MUTUAL | $2K | $207 | $2K | 2.74% |
| JON MORGAN3 | 111 E BROADWAY STE 1400 SALT LAKE CITY, UT 84111 | NORTHWESTERN MUTUAL | $3K | $1K | $4K | 9.31% |
| TMG AGENCY LLC3 | 111 E BROADWAY STE 1400 SALT LAKE CITY, UT 84111 | NORTHWESTERN MUTUAL | $516 | $62 | $578 | 1.46% |
| JON MORGAN3 | 111 E BROADWAY STE 1400 SALT LAKE CITY, UT 84111 | NORTHWESTERN MUTUAL | $3K | $639 | $3K | 8.27% |
| TMG AGENCY LLC3 | 111 E BROADWAY STE 1400 SALT LAKE CITY, UT 84111 | NORTHWESTERN MUTUAL | $507 | $61 | $568 | 1.48% |
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 | 183 | 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) | 183 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | NORTHWESTERN MUTUAL | 183 | $39K |
| Short-term disability | NORTHWESTERN MUTUAL | 59 | $38K |
| Long-term disability | NORTHWESTERN MUTUAL | 183 | $71K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 183 | — |
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."
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.