Welfare broker

FIRST STATE INSURANCE AGENCY

Mailing address (most recent filing)

204 EAST LIBERTY STREET

FARMINGTON, MO 63640

Total comp: $244K
Commissions: $117K
Fees: $127K
Filings: 6
Sponsors: 6

Carrier mix

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

STANDARD INSURANCE COMPANY33.3%
UNITED OF OMAHA LIFE INSURANCE COMPANY33.3%
FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY33.3%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
STANDARD INSURANCE COMPANY	1	$740K	33.3%
UNITED OF OMAHA LIFE INSURANCE COMPANY	1	$482K	33.3%
FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY	1	$891K	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
MO	3	$2.1M	0.0%	17.86x

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 FIRST STATE INSURANCE AGENCY's plans by broker comp / premium ratio. Median 8.10% vs welfare-wide median 6.29% (n=3).

Prospect-flag exposure · vs market baseline

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

1-3 of 3 sponsors where FIRST STATE INSURANCE AGENCY is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
MARK TWAIN ASSOCIATION OF MENTAL HEALTH INC. MARK TWAIN HEALTH PLAN	MO	$891K	$72K	FAIR AMERICAN
BUCHHEIT ENTERPRISES, INC. BUCHHEIT ENTERPRISES, INC. HEALTH AND WELFARE BENEFITS PLAN	MO	$482K	$48K	UNITED OF OMAHA LIFE INSURANCE COMPANY
FIRST STATE BANCSHARES, INC. FIRST STATE BANCSHARES, INC. EMPLOYEE BENEFITS PLA	MO	$740K	$42K	STANDARD INSURANCE COMPANY

Carrier

Plans

Premium

STANDARD INSURANCE COMPANY

$740K

33.3%

UNITED OF OMAHA LIFE INSURANCE COMPANY

$482K

33.3%

FAIR AMERICAN INSURANCE AND REINSURANCE COMPANY

$891K

33.3%

State

Plans

Premium

State share

Index

$2.1M

0.0%

17.86x

Sponsor

Loc

Premium

Comp

Carrier

MARK TWAIN ASSOCIATION OF MENTAL HEALTH INC.

MARK TWAIN HEALTH PLAN

$891K

$72K

FAIR AMERICAN

BUCHHEIT ENTERPRISES, INC.

BUCHHEIT ENTERPRISES, INC. HEALTH AND WELFARE BENEFITS PLAN

$482K

$48K

UNITED OF OMAHA LIFE INSURANCE COMPANY

FIRST STATE BANCSHARES, INC.

FIRST STATE BANCSHARES, INC. EMPLOYEE BENEFITS PLA

$740K

$42K

STANDARD INSURANCE COMPANY