Welfare broker

MCGOWAN BENEFIT GROUP LLC

Mailing address (most recent filing)

1220 BROAD STREET

NEW CASTLE, IN 47362

Total comp: $78K
Commissions: $66K
Fees: $12K
Filings: 3
Sponsors: 3

Carrier mix

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

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA	2	$204K	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
IN	2	$204K	0.1%	33.97x

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 MCGOWAN BENEFIT GROUP LLC's plans by broker comp / premium ratio. Median 16.39% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where MCGOWAN BENEFIT GROUP LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
SHELBY GRAVEL, INC. D/B/A SHELBY MATERIALS SHELBY MATERIALS EMPLOYEE MEDICAL BENEFIT PLAN	IN	$111K	$20K	THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA
CITY OPTICAL COMPANY INC. CITY OPTICAL COMPANY INC. MEDICAL PLAN	IN	$94K	$14K	GUARDIAN LIFE INSURANCE COMPANY

Carrier

Plans

Premium

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA

$204K

100.0%

State

Plans

Premium

State share

Index

$204K

0.1%

33.97x

Sponsor

Loc

Premium

Comp

Carrier

SHELBY GRAVEL, INC. D/B/A SHELBY MATERIALS

SHELBY MATERIALS EMPLOYEE MEDICAL BENEFIT PLAN

$111K

$20K

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA

CITY OPTICAL COMPANY INC.

CITY OPTICAL COMPANY INC. MEDICAL PLAN

$94K

$14K

GUARDIAN LIFE INSURANCE COMPANY