| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INS AGENCY3 Filed as: GBS BENEFITS INSURANCE AGENCY | JEFFREY S. CLUGE 465 S. 400 E. STE. 300 SALT LAKE CITY, UT 84111 | REGENCE BLUECROSS BLUESHIELD OF UTAH | $37K | — | $37K | 8.93% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS, INC. | 465 W. 400 S. STE. 300 SALT LAKE CITY, UT 84111 | ACE USA GROUP | $11K | — | $11K | 7.00% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS, INC. | 465 S. 400 E. STE 300 SALT LAKE CITY, UT 84111 | LIFEMAP ASSURANCE COMPANY | $7K | $2K | $9K | 10.43% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| REGENCE BLUECROSS BLUESHIELD OF UTA EIN 87-0200138 CLAIMS PROCESSING SP | Float revenue; Claims processing; Direct payment from the plan Service code 12 | — | $191K |
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 | 271 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 271 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | REGENCE BLUECROSS BLUESHIELD OF UTAH | 779 | $417K |
| Dental | ACE USA GROUP | 253 | $161K |
| Life insurance | LIFEMAP ASSURANCE COMPANY | 292 | $90K |
| Short-term disability | LIFEMAP ASSURANCE COMPANY | 292 | $90K |
| Long-term disability | LIFEMAP ASSURANCE COMPANY | 292 | $90K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 779 | — |
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."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.