Welfare broker

GROUP ADVISORY INC

Mailing address (most recent filing)

1135 CLIFTON AVENUE

SUITE 201

CLIFTON, NJ 07013

Total comp: $854K
Commissions: $574K
Fees: $280K
Filings: 16
Sponsors: 16

Carrier mix

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

CIGNA HEALTH AND LIFE INSURANCE COMPANY50.0%
UNUM LIFE INSURANCE COMPANY OF AMERICA25.0%
LIFE INSURANCE COMPANY OF NORTH AMERICA25.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
CIGNA HEALTH AND LIFE INSURANCE COMPANY	2	$9.2M	50.0%
UNUM LIFE INSURANCE COMPANY OF AMERICA	1	$35K	25.0%
LIFE INSURANCE COMPANY OF NORTH AMERICA	1	$5.4M	25.0%

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
RI	1	$35K	0.3%	99.95x
NY	1	$5.5M	0.0%	4.96x
NJ	1	$5.4M	0.0%	11.59x
MA	1	$3.6M	0.0%	11.55x

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 GROUP ADVISORY INC's plans by broker comp / premium ratio. Median 7.16% vs welfare-wide median 6.29% (n=4).

Prospect-flag exposure · vs market baseline

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

1-4 of 4 sponsors where GROUP ADVISORY INC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
VALLEY NATIONAL BANK VALLEY NATIONAL BANK HEALTH AND WELFARE PLAN	NJ	$5.4M	$467K	LIFE INSURANCE COMPANY OF NORTH AMERICA
LEFRAK ESTATES, L.P. LEFRAK ESTATES, L.P. WELFARE BENEFITS PLAN	NY	$5.5M	$312K	CIGNA HEALTH AND LIFE INSURANCE COMPANY
AMERICAN BILTRITE INC. CONSOLIDATED NON-RETIREMENT PLAN	MA	$3.6M	$24K	CIGNA HEALTH AND LIFE INSURANCE COMPANY
K & M ASSOCIATES, L.P. K & M ASSOCIATES, L.P. GROUP INSURANCE PLAN	RI	$35K	$4K	UNUM LIFE INSURANCE COMPANY OF AMERICA

Carrier

Plans

Premium

CIGNA HEALTH AND LIFE INSURANCE COMPANY

$9.2M

50.0%

UNUM LIFE INSURANCE COMPANY OF AMERICA

$35K

25.0%

LIFE INSURANCE COMPANY OF NORTH AMERICA

$5.4M

25.0%

State

Plans

Premium

State share

Index

$35K

0.3%

99.95x

$5.5M

0.0%

4.96x

$5.4M

0.0%

11.59x

$3.6M

0.0%

11.55x

Sponsor

Loc

Premium

Comp

Carrier

VALLEY NATIONAL BANK

VALLEY NATIONAL BANK HEALTH AND WELFARE PLAN

$5.4M

$467K

LIFE INSURANCE COMPANY OF NORTH AMERICA

LEFRAK ESTATES, L.P.

LEFRAK ESTATES, L.P. WELFARE BENEFITS PLAN

$5.5M

$312K

CIGNA HEALTH AND LIFE INSURANCE COMPANY

AMERICAN BILTRITE INC.

CONSOLIDATED NON-RETIREMENT PLAN

$3.6M

$24K

CIGNA HEALTH AND LIFE INSURANCE COMPANY

K & M ASSOCIATES, L.P.

K & M ASSOCIATES, L.P. GROUP INSURANCE PLAN

$35K

$4K

UNUM LIFE INSURANCE COMPANY OF AMERICA