Great Basin Industrial
Updated Filing received by DOL
Great Basin Industrial, a manufacturing — metal, equipment, transportation employer in Kaysville, Utah, reported 483 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 4 insurance contracts with no premium reported and $121,453 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on February 5, 2026, before the deadline.
Who was paid on Great Basin Industrial's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Great Basin Industrial filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Moreton & Company · Salt Lake City, UT | $101,877 | $18,980 | $120,857 | 3 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Regence Bluecross Blueshield of Utahhealth, prescription drug | 461 | — | $62,936 | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.vision | 470 | — | $4,378 | — |
| Flexcare Digital Healthcoverage not coded | 199 | — | $596 | — |
| Symetra Life Insurance Companylife, short-term disability, long-term disability | 560 | — | $53,543 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Great Basin Industrial compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 650 | 483 | −25.7% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $55,242 | $121,453 | +119.9% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Great Basin Industrial Group Medical Plan#501 · insurance, general assets | July 31, 2025 | February 5, 2026 | before deadline | 483 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Great Basin Industrial pay in health insurance broker commissions in 2024?
Great Basin Industrial's 2024 Form 5500 reports $121,453 in broker commissions and fees across 4 insurance contracts ($102,473 in commissions, $18,980 in fees), with Moreton & Company receiving the largest share.
Is Great Basin Industrial's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Regence Bluecross Blueshield of Utah.
How does Great Basin Industrial's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Great Basin Industrial because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.