Welfare broker

BABCOCK CONSULTING GROUP LLC

Mailing address (most recent filing)

5020 UTICA STREET

METAIRIE, LA 70006

Total comp: $2.7M
Commissions: $2.6M
Fees: $124K
Filings: 15
Sponsors: 15

Carrier mix

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

BLUE CROSS OF CALIFORNIA28.6%
UNITED CONCORDIA INSURANCE COMPANY14.3%
RELIANCE STANDARD LIFE INSURANCE COMPANY14.3%
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY14.3%
LIFE INSURANCE COMPANY OF NORTH AMERICA14.3%
AFLAC14.3%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	2	$3.4M	28.6%
UNITED CONCORDIA INSURANCE COMPANY	1	$9.8M	14.3%
RELIANCE STANDARD LIFE INSURANCE COMPANY	1	$188K	14.3%
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY	1	$2.7M	14.3%
LIFE INSURANCE COMPANY OF NORTH AMERICA	1	$383K	14.3%
AFLAC	1	$283K	14.3%

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
LA	5	$6.6M	0.6%	90.79x
PA	1	$9.8M	0.0%	3.43x
AL	1	$383K	0.1%	15.40x

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 BABCOCK CONSULTING GROUP LLC's plans by broker comp / premium ratio. Median 16.11% vs welfare-wide median 6.29% (n=7).

Prospect-flag exposure · vs market baseline

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

1-7 of 7 sponsors where BABCOCK CONSULTING GROUP LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
HAJOCA CORPORATION HAJOCA CORPORATION EMPLOYEES WELFARE BENEFIT PLAN	PA	$9.8M	$1.1M	UNITED CONCORDIA INSURANCE COMPANY
CROSBY TUGS, LLC CROSBY TUGS, LLC EMPLOYEE BENEFITS PLAN	LA	$2.7M	$433K	LINCOLN NATIONAL LIFE INSURANCE COMPANY
M. A. PATOUT & SON LIMITED LLC M.A. PATOUT & SON, LTD, LLC EMPLOYEE BENEFIT PLAN	LA	$283K	$175K	AFLAC
KIPO, LLC JOHNSTONE SUPPLY WELFARE BENEFIT PLAN	LA	$1.7M	$123K	BLUE CROSS AND BLUE SHIELD OF LOUISIANA
DEAN EQUIPMENT, INC. DEAN EQUIPMENT, INC. WELFARE BENEFIT PLAN	LA	$1.7M	$107K	BLUE CROSS AND BLUE SHIELD OF LOUISANA
HELM PAINT & SUPPLY INC. HELM PAINT & SUPPLY INC. EMPLOYEE BENEFITS PLAN	LA	$188K	$94K	RELIANCE STANDARD LIFE INSURANCE COMPANY
THE SSI GROUP, LLC THE SSI GROUP, LLC EMPLOYEE BENEFITS PLAN	AL	$383K	$62K	LIFE INSURANCE COMPANY OF NORTH AMERICA