Welfare broker

BANKERS COOPERATIVE GROUP, INC.

Mailing address (most recent filing)

411 NORTH AVENUE EAST

CRANFORD, NJ 07016

Total comp: $771K
Commissions: $470K
Fees: $301K
Filings: 12
Sponsors: 12

Carrier mix

Where BANKERS COOPERATIVE GROUP, INC. places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

CIGNA HEALTH AND LIFE INSURANCE COMPANY40.0%
UNITEDHEALTHCARE INSURANCE COMPANY20.0%
HORIZON HEALTHCARE SERVICES, INC.20.0%
DELTA DENTAL OF CALIFORNIA20.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
CIGNA HEALTH AND LIFE INSURANCE COMPANY	2	$12.2M	40.0%
UNITEDHEALTHCARE INSURANCE COMPANY	1	$3.1M	20.0%
HORIZON HEALTHCARE SERVICES, INC.	1	$1.9M	20.0%
DELTA DENTAL OF CALIFORNIA	1	$7.0M	20.0%

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
NJ	5	$24.1M	0.2%	46.37x

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 BANKERS COOPERATIVE GROUP, INC.'s plans by broker comp / premium ratio. Median 4.39% vs welfare-wide median 6.29% (n=5).

Prospect-flag exposure · vs market baseline

Share of BANKERS COOPERATIVE GROUP, INC.'s book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-5 of 5 sponsors where BANKERS COOPERATIVE GROUP, INC. is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
NEW JERSEY BANKERS ASSOCIATION NEW JERSEY BANKERS EMPLOYEE BENEFITS TRUST	NJ	$7.0M	$518K	DELTA DENTAL OF NEW JERSEY, INC.
KEARNY BANK KEARNY BANK HEALTH PLAN	NJ	$10.2M	$447K	CIGNA HEALTH AND LIFE INSURANCE COMPANY
CHILDREN'S AID AND FAMILY SERVICES, INC. HEALTH AND WELFARE PLAN FOR EMPLOYEES OF CHILDREN'S AID AND FAMILY SERVICES	NJ	$2.0M	$108K	CIGNA HEALTH AND LIFE INSURANCE COMPANY
BCB COMMUNITY BANK BCB COMMUNITY BANK HEALTH PLAN	NJ	$3.1M	$71K	UNITEDHEALTHCARE INSURANCE COMPANY
STURDY SAVINGS BANK STURDY SAVINGS BANK PREMIUM CONVERSION PLAN	NJ	$1.9M	$52K	HORIZON HEALTH CARE SERVICES INC