| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GBS BENEFITS INC | 465 S 400 E SUITE 300 SALT LAKE CITY, UT 84111 | HARTFORD LIFE AND ACCIDENT | — | — | $0 | 0.00% |
| GBS BENEFITS INC Filed as: GBS BENEFITS, INC. | 465 S. 400 EAST SUITE 300 SALT LAKE CITY, UT 84111 | EYEMED VISION CARE | $18K | — | $18K | 7.86% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| OPTUMRX, INC. EIN 33-0441200 PHARMACY BENEFIT MANAGEME | Other fees; Float revenue; Direct payment from the plan; Claims processing Service code 12 | — | $2.5M |
| ALLEGIANCE BENEFIT PLAN MANAGEMENT EIN 81-0400550 | Contract Administrator Service code 13 | — | $510K |
| ALLEGIANCE CASE MANAGEMENT, INC. EIN 03-0507057 | Contract Administrator Service code 13 | — | $37K |
| BLUE CROSS BLUE SHIELD OF ALABAMA EIN 63-0103830 | Insurance services Service code 23 | — | $30K |
| ALLEGIANCE COBRA SERVICES, INC. EIN 71-0916514 | Contract Administrator Service code 13 | — | $9K |
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 | 4,089 | 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) | 4,089 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(2 contracts, 2 carriers) | UNITEDHEALTHCARE INSURANCE COMPANY | 465 | $2.6M |
| Dental | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 160 | $542K |
| Vision | EYEMED VISION CARE | 3,341 | $225K |
| Life insurance | HARTFORD LIFE AND ACCIDENT | 2,653 | $1.3M |
| Long-term disability | HARTFORD LIFE AND ACCIDENT | 2,653 | $1.3M |
| Prescription drug | BLUE CROSS AND BLUE SHIELD OF ALABAMA | 160 | $542K |
| Stop-loss / reinsurancereinsurance | LIBERTY INSURANCE UNDERWRITERS, INC. | 1,694 | $315K |
| Other(2 contracts, 2 carriers) | HARTFORD LIFE AND ACCIDENT | 2,653 | $1.8M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,341 | — |
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."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.