| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MORETON & COMPANY3 Filed as: FRED A MORETON & COMPANY | 101 S 200 E SUITE 300 SALT LAKE CITY, UT 84111 | UNITED HEALTHCARE INSURANCE COMPANY | $1K | $51K | $52K | 2.69% |
| GBS BENEFITS INC3 | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | UNITED HEALTHCARE INSURANCE COMPANY | $778 | $29K | $30K | 1.53% |
| MORETON & COMPANY3 | 101 S 200 E SUITE 300 SALT LAKE CITY, UT 84111 | SELECT BENEFITS GROUP DBA DENTAL SELECT | $2K | $0 | $2K | 2.07% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $5K | $7K | 10.40% |
| MORETON & COMPANY3 | PO BOX 58139 SALT LAKE CITY, UT 84158 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | $0 | $1K | 2.20% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $5K | $7K | 13.14% |
| MORETON & COMPANY3 | PO BOX 58139 SALT LAKE CITY, UT 84158 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $5K | $0 | $5K | 10.84% |
| GBS BENEFITS INC3 | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $1K | $3K | $4K | 11.62% |
| MORETON & COMPANY3 | PO BOX 58139 SALT LAKE CITY, UT 84158 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $0 | $2K | 7.25% |
| GBS BENEFITS INC3 Filed as: GBS BENEFITS | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $960 | $2K | $3K | 11.02% |
| MORETON & COMPANY3 | PO BOX 58139 SALT LAKE CITY, UT 84158 | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $2K | $0 | $2K | 5.05% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| MORETON & COMPANY ADMINISTRATOR | Contract Administrator Service code 13 | 101 S 200 E SUITE 300 SALT LAKE CITY, UT 84111 | $66K |
| GBS BENEFITS ADMINISTRATOR | Contract Administrator Service code 13 | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | $47K |
| APA BENEFITS, INC. CLAIMS PROCESSOR | Claims processing Service code 12 | 8899 S 700 E SUITE 225 SUITE 225 SANDY, UT 84070 | $6K |
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 | 135 | 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) | 135 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | UNITED HEALTHCARE INSURANCE COMPANY | 365 | $1.9M |
| Dental | SELECT BENEFITS GROUP DBA DENTAL SELECT | 129 | $115K |
| Vision | UNITED HEALTHCARE INSURANCE COMPANY | 365 | $1.9M |
| Life insurance(2 contracts) | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 135 | $82K |
| Short-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 135 | $31K |
| Long-term disability | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 134 | $33K |
| Other | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | 134 | $66K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 365 | — |
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.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.