Welfare broker

BHERD

Mailing address (most recent filing)

1956 PARK AVENUE

DES MOINES, IA 50315

Total comp: $708K
Commissions: $426K
Fees: $282K
Filings: 77
Sponsors: 77

Carrier mix

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

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY	1	$184K	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
IL	1	$184K	0.0%	28.49x

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 BHERD's plans by broker comp / premium ratio. Median 10.00% vs welfare-wide median 6.40% (n=1).

Prospect-flag exposure · vs market baseline

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

1-1 of 1 sponsor where BHERD is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
KNOX COLLEGE KNOX COLLEGE HEALTH PLAN	IL	$184K	$18K	THE LINCOLN NATIONAL LIFE INSURANCE COMPANY