Welfare broker

BAKER MAGRAS & ASSOCIATES INC.

Mailing address (most recent filing)

PO BOX 7937

ST THOMAS, VI 008010937

Total comp: $339K
Commissions: $339K
Fees: $0
Filings: 5
Sponsors: 5

Carrier mix

Where BAKER MAGRAS & ASSOCIATES INC. places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

UNITEDHEALTHCARE INSURANCE COMPANY33.3%
CIGNA HEALTH AND LIFE INSURANCE COMPANY33.3%
AETNA LIFE INSURANCE COMPANY33.3%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNITEDHEALTHCARE INSURANCE COMPANY	1	$1.6M	33.3%
CIGNA HEALTH AND LIFE INSURANCE COMPANY	1	$1.5M	33.3%
AETNA LIFE INSURANCE COMPANY	1	$2.6M	33.3%

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
VI	1	$1.6M	20.0%	7703.00x
FL	1	$1.5M	0.0%	8.46x
CA	1	$2.6M	0.0%	4.25x

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 BAKER MAGRAS & ASSOCIATES INC.'s plans by broker comp / premium ratio. Median 6.00% vs welfare-wide median 6.29% (n=3).

Prospect-flag exposure · vs market baseline

Share of BAKER MAGRAS & ASSOCIATES INC.'s book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-3 of 3 sponsors where BAKER MAGRAS & ASSOCIATES INC. is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
ISLAND SAINTS, LLC ISLAND SAINTS, LLC HEALTH AND WELFARE PLAN	VI	$1.6M	$99K	UNITEDHEALTHCARE INSURANCE COMPANY
TROPICAL SHIPPING AND CONSTRUCTION COMPANY LIMITED, LLC TROPICAL SHIPPING AND CONSTRUCTION COMPANY LIMITED, LLC WELFARE BENEFIT PLAN	FL	$1.5M	$90K	CIGNA HEALTH AND LIFE INSURANCE COMPANY
TOPA EQUITIES LTD. DBA ANDERSON HOLDINGS TOPA HEALTH AND WELFARE BENEFIT PLAN	CA	$2.6M	$27K	AETNA LIFE INSURANCE COMPANY OF AMERICA

Carrier

Plans

Premium

UNITEDHEALTHCARE INSURANCE COMPANY

$1.6M

33.3%

CIGNA HEALTH AND LIFE INSURANCE COMPANY

$1.5M

33.3%

AETNA LIFE INSURANCE COMPANY

$2.6M

33.3%

State

Plans

Premium

State share

Index

$1.6M

20.0%

7703.00x

$1.5M

0.0%

8.46x

$2.6M

0.0%

4.25x

Sponsor

Loc

Premium

Comp

Carrier

ISLAND SAINTS, LLC

ISLAND SAINTS, LLC HEALTH AND WELFARE PLAN

$1.6M

$99K

UNITEDHEALTHCARE INSURANCE COMPANY

TROPICAL SHIPPING AND CONSTRUCTION COMPANY LIMITED, LLC

TROPICAL SHIPPING AND CONSTRUCTION COMPANY LIMITED, LLC WELFARE BENEFIT PLAN

$1.5M

$90K

CIGNA HEALTH AND LIFE INSURANCE COMPANY

TOPA EQUITIES LTD. DBA ANDERSON HOLDINGS

TOPA HEALTH AND WELFARE BENEFIT PLAN

$2.6M

$27K

AETNA LIFE INSURANCE COMPANY OF AMERICA