Welfare broker

ASSOCIATED MANAGEMENT SERVICES

Mailing address (most recent filing)

PO BOX 81087

BILLINGS, MT 59108

Total comp: $95K
Commissions: $95K
Fees: $0
Filings: 1
Sponsors: 1

Carrier mix

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

COMPANION LIFE INSURANCE COMPANY100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
COMPANION LIFE INSURANCE COMPANY	1	$2.4M	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
MT	1	$2.4M	0.4%	434.38x

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 MANAGEMENT SERVICES's plans by broker comp / premium ratio. Median 3.91% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

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

1-1 of 1 sponsor where ASSOCIATED MANAGEMENT SERVICES is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
ASSOCIATED EMPLOYERS OF MONTANA ASSOCIATED EMPLOYERS GROUP BENEFIT PLAN AND TRUST	MT	$2.4M	$95K	COMPANION LIFE INSURANCE COMPANY