Welfare broker

LISA MICHAEL

Mailing address (most recent filing)

5000 DEARBORN CIRCLE SUITE 100

MOUNT LAUREL, NJ 08054

Total comp: $101K
Commissions: $101K
Fees: $0
Filings: 2
Sponsors: 2

Carrier mix

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

BLUE CROSS OF CALIFORNIA100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	2	$3.2M	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
PA	1	$1.1M	0.0%	11.99x
DE	1	$2.1M	0.4%	204.87x

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 LISA MICHAEL's plans by broker comp / premium ratio. Median 5.17% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where LISA MICHAEL is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
MBMS, LLC MBMS, LLC GROUP BENEFITS PLAN	DE	$2.1M	$110K	HIGHMARK DELAWARE
AIRIAM MDT, LLC AIRIAM MDT LLC HEALTH AND WELFARE PLAN	PA	$1.1M	$56K	HIGHMARK INC.