Welfare broker

BANK MIDWEST INSURANCE SERVICES

Mailing address (most recent filing)

1525 18TH ST STE 100

SPIRIT LAKE, IA 51360

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

Carrier mix

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

VISION SERVICE PLAN100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
VISION SERVICE PLAN	1	$33K	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
IA	1	$33K	0.1%	105.23x

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 BANK MIDWEST INSURANCE SERVICES's plans by broker comp / premium ratio. Median 5.47% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

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

1-1 of 1 sponsor where BANK MIDWEST INSURANCE SERVICES is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
BANK MIDWEST BANK MIDWEST EMPLOYEE VISION PLAN	IA	$33K	$2K	VISION SERVICE PLAN