Welfare broker

1ST SOURCE INSURANCE

Mailing address (most recent filing)

PO BOX 1602

SOUTH BEND, IN 46634

Total comp: $317K
Commissions: $309K
Fees: $8K
Filings: 9
Sponsors: 9

Carrier mix

Where 1ST SOURCE INSURANCE places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

UNITED HEALTHCARE INSURANCE COMPANY50.0%
PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA INC50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNITED HEALTHCARE INSURANCE COMPANY	1	$931K	50.0%
PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA INC	1	$1.5M	50.0%

Top states · with penetration index

Plan count by state. Index > 1.0means over-indexed vs the broker's national share.

State	Plans	Premium	State share	Index
IN	2	$2.4M	0.1%	33.97x

Top industries by premium

NAICS-2 sectors where this broker places the most welfare premium.

Sponsor-size mix

Plan count by total participants. Reveals whether this broker is a mid-market player or jumbo-employer specialist.

Broker compensation as % of premium

Distribution of 1ST SOURCE INSURANCE's plans by broker comp / premium ratio. Median 9.77% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

Share of 1ST SOURCE INSURANCE's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-2 of 2 sponsors where 1ST SOURCE INSURANCE is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
MSI EXPRESS, INC. MSI EXPRESS, INC. EMPLOYEE BENEFITS PLAN	IN	$931K	$149K	UNITED HEALTHCARE INSURANCE COMPANY
BASHOR HOME OF THE UNITED METHODIST CHURCH, INC. BASHOR HOME OF THE UNITED METHODIST CHURCH, INC., WELFARE BENEFIT PLAN	IN	$1.5M	$52K	PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA INC.

Carrier

Plans

Premium

UNITED HEALTHCARE INSURANCE COMPANY

$931K

50.0%

PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA INC

$1.5M

50.0%

State

Plans

Premium

State share

Index

$2.4M

0.1%

33.97x

Sponsor

Loc

Premium

Comp

Carrier

MSI EXPRESS, INC.

MSI EXPRESS, INC. EMPLOYEE BENEFITS PLAN

$931K

$149K

UNITED HEALTHCARE INSURANCE COMPANY

BASHOR HOME OF THE UNITED METHODIST CHURCH, INC.

BASHOR HOME OF THE UNITED METHODIST CHURCH, INC., WELFARE BENEFIT PLAN

$1.5M

$52K

PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA INC.