Welfare broker

BGA FINANCIAL

Mailing address (most recent filing)

195 CENTER ST

AUBURN, ME 04210

Total comp: $186K
Commissions: $183K
Fees: $3K
Filings: 7
Sponsors: 7

Carrier mix

Where BGA FINANCIAL places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

UNUM LIFE INSURANCE COMPANY OF AMERICA33.3%
STARMOUNT LIFE INSURANCE COMPANY33.3%
CIGNA HEALTH AND LIFE INSURANCE COMPANY33.3%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNUM LIFE INSURANCE COMPANY OF AMERICA	1	$701K	33.3%
STARMOUNT LIFE INSURANCE COMPANY	1	$282K	33.3%
CIGNA HEALTH AND LIFE INSURANCE COMPANY	1	$3.0M	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
ME	3	$4.0M	0.8%	296.27x

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 BGA FINANCIAL's plans by broker comp / premium ratio. Median 7.14% vs welfare-wide median 6.29% (n=3).

Prospect-flag exposure · vs market baseline

Share of BGA FINANCIAL's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-3 of 3 sponsors where BGA FINANCIAL is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
PLEASANT RIVER LUMBER CO PLEASANT RIVER LUMBER CO GROUP LIFE	ME	$701K	$116K	UNUM LIFE INS
PLEASANT RIVER LUMBER CO PLEASANT RIVER LUMBER CO GROUP MEDICAL	ME	$3.0M	$72K	CIGNA HEALTH AND LIFE
PLEASANT RIVER LUMBER CO PLEASANT RIVER LUMBER CO GROUP DENTAL	ME	$282K	$20K	STARMOUNT LIFE INS CO

Carrier

Plans

Premium

UNUM LIFE INSURANCE COMPANY OF AMERICA

$701K

33.3%

STARMOUNT LIFE INSURANCE COMPANY

$282K

33.3%

CIGNA HEALTH AND LIFE INSURANCE COMPANY

$3.0M

33.3%

State

Plans

Premium

State share

Index

$4.0M

0.8%

296.27x

Sponsor

Loc

Premium

Comp

Carrier

PLEASANT RIVER LUMBER CO

PLEASANT RIVER LUMBER CO GROUP LIFE

$701K

$116K

UNUM LIFE INS

PLEASANT RIVER LUMBER CO

PLEASANT RIVER LUMBER CO GROUP MEDICAL

$3.0M

$72K

CIGNA HEALTH AND LIFE

PLEASANT RIVER LUMBER CO

PLEASANT RIVER LUMBER CO GROUP DENTAL

$282K

$20K

STARMOUNT LIFE INS CO