Welfare broker

THE BENEFIT WORKS LLC

Mailing address (most recent filing)

6200 MINERAL POINT RD

MADISON, WI 53705

Total comp: $342K
Commissions: $330K
Fees: $12K
Filings: 9
Sponsors: 9

Carrier mix

Where THE BENEFIT WORKS LLC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

HCC LIFE INSURANCE COMPANY50.0%
BLUE CROSS OF CALIFORNIA50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
HCC LIFE INSURANCE COMPANY	1	$759K	50.0%
BLUE CROSS OF CALIFORNIA	1	$7.5M	50.0%

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
WI	2	$8.3M	0.1%	53.08x

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 THE BENEFIT WORKS LLC's plans by broker comp / premium ratio. Median 6.99% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

Share of THE BENEFIT WORKS LLC's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-2 of 2 sponsors where THE BENEFIT WORKS LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
STRAND ASSOCIATES, INC. STRAND ASSOCIATES, INC. WRAP PLAN	WI	$7.5M	$188K	BLUE CROSS & BLUE SHIELD OF WISCONSIN (BCBSW) (G0422)
ELECTRIC COALITION OF WISCONSIN ELECTRIC COALITION OF WISCONSIN HEALTH BENEFIT TRUST AND PLAN	WI	$759K	$87K	HCC LIFE INSURANCE COMPANY

Carrier

Plans

Premium

HCC LIFE INSURANCE COMPANY

$759K

50.0%

BLUE CROSS OF CALIFORNIA

$7.5M

50.0%

State

Plans

Premium

State share

Index

$8.3M

0.1%

53.08x

Sponsor

Loc

Premium

Comp

Carrier

STRAND ASSOCIATES, INC.

STRAND ASSOCIATES, INC. WRAP PLAN

$7.5M

$188K

BLUE CROSS & BLUE SHIELD OF WISCONSIN (BCBSW) (G0422)

ELECTRIC COALITION OF WISCONSIN

ELECTRIC COALITION OF WISCONSIN HEALTH BENEFIT TRUST AND PLAN

$759K

$87K

HCC LIFE INSURANCE COMPANY