Welfare broker

ASSOCIATED FINANCIAL GROUP LLC

Mailing address (most recent filing)

6000 CLEARWATER DRIVE

HOPKINS, MN 55343

Total comp: $5.5M
Commissions: $4.8M
Fees: $748K
Filings: 359
Sponsors: 359

Carrier mix

Where ASSOCIATED FINANCIAL GROUP LLC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

BLUE CROSS OF CALIFORNIA100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	1	$7.2M	100.0%

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
MN	1	$7.2M	0.0%	50.15x

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 ASSOCIATED FINANCIAL GROUP LLC's plans by broker comp / premium ratio. Median 3.07% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

Share of ASSOCIATED FINANCIAL GROUP LLC's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-1 of 1 sponsor where ASSOCIATED FINANCIAL GROUP LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
BECKHOFF AUTOMATION, LLC BECKHOFF AUTOMATION, LLC COMPREHENSIVE HEALTH AND WELFARE BENEFIT PLAN	MN	$7.2M	$221K	BLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS