Welfare broker

IKON BENEFITS GROUP, INC.

Mailing address (most recent filing)

33 BOLIVIA ST.

SUITE 600

SAN JUAN, PR 00918

Total comp: $4.1M
Commissions: $4.0M
Fees: $40K
Filings: 186
Sponsors: 186

Carrier mix

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

TRIPLE S SALUD, INC.31.6%
UNIVERSAL LIFE INSURANCE COMPANY21.4%
MCS LIFE INSURANCE COMPANY13.3%
OPTIMIND MANAGED BEHAVIORAL HEALTHCARE ORGANIZATION6.1%
MULTINATIONAL LIFE INSURANCE COMPANY6.1%
LUCY LOPEZ ROIG EAP, INC.6.1%
FIRST MEDICAL HEALTH PLAN, INC.6.1%
DELTA DENTAL OF CALIFORNIA5.1%
Other (2)4.1%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
TRIPLE S SALUD, INC.	31	$34.5M	31.6%
UNIVERSAL LIFE INSURANCE COMPANY	21	$1.6M	21.4%
MCS LIFE INSURANCE COMPANY	13	$8.9M	13.3%
OPTIMIND MANAGED BEHAVIORAL HEALTHCARE ORGANIZATION	6	$26K	6.1%
MULTINATIONAL LIFE INSURANCE COMPANY	6	$224K	6.1%
LUCY LOPEZ ROIG EAP, INC.	6	$60K	6.1%
FIRST MEDICAL HEALTH PLAN, INC.	6	$2.5M	6.1%
DELTA DENTAL OF CALIFORNIA	5	$162K	5.1%
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK	2	$187K	2.0%
INSPIRA MENTAL HEALTH MANAGEMENT	2	$6K	2.0%

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
PR	97	$47.4M	18.7%	214.23x
NJ	2	$542K	0.1%	0.92x
VA	1	$7.6M	0.0%	0.45x
OH	1	$1.3M	0.0%	0.08x

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 IKON BENEFITS GROUP, INC.'s plans by broker comp / premium ratio. Median 7.50% vs welfare-wide median 6.29% (n=95).

Prospect-flag exposure · vs market baseline

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

101-101 of 101 sponsors where IKON BENEFITS GROUP, INC. is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
WYNDHAM PALMAS DEL MAR- EMPLOYEE ASSISTANCE PROGRAM WYNDHAM PALMAS DEL MAR	PR	$2K	$0	LUCY LOPEZ ROIG EAP, INC.

Carrier

Plans

Premium

TRIPLE S SALUD, INC.

$34.5M

31.6%

UNIVERSAL LIFE INSURANCE COMPANY

$1.6M

21.4%

MCS LIFE INSURANCE COMPANY

$8.9M

13.3%

OPTIMIND MANAGED BEHAVIORAL HEALTHCARE ORGANIZATION

$26K

6.1%

MULTINATIONAL LIFE INSURANCE COMPANY

$224K

6.1%

LUCY LOPEZ ROIG EAP, INC.

$60K

6.1%

FIRST MEDICAL HEALTH PLAN, INC.

$2.5M

6.1%

DELTA DENTAL OF CALIFORNIA

$162K

5.1%

NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK

$187K

2.0%

INSPIRA MENTAL HEALTH MANAGEMENT

$6K

2.0%

State

Plans

Premium

State share

Index

$47.4M

18.7%

214.23x

$542K

0.1%

0.92x

$7.6M

0.0%

0.45x

$1.3M

0.0%

0.08x

Sponsor

Loc

Premium

Comp

Carrier

WYNDHAM PALMAS DEL MAR- EMPLOYEE ASSISTANCE PROGRAM

WYNDHAM PALMAS DEL MAR

$2K

LUCY LOPEZ ROIG EAP, INC.