Welfare broker

MEL FOSTER CO., INC

Mailing address (most recent filing)

3218 EAST 35TH STREET COURT

DAVENPORT, IA 52807

Total comp: $10K
Commissions: $10K
Fees: $0
Filings: 3
Sponsors: 3

Carrier mix

Where MEL FOSTER CO., INC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

METROPOLITAN LIFE INSURANCE COMPANY50.0%
BLUE CROSS OF CALIFORNIA50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
METROPOLITAN LIFE INSURANCE COMPANY	1	$39K	50.0%
BLUE CROSS OF CALIFORNIA	1	$1.8M	50.0%

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
IA	2	$1.8M	0.2%	105.23x

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 MEL FOSTER CO., INC's plans by broker comp / premium ratio. Median 8.16% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where MEL FOSTER CO., INC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
LUTHERAN HOME FOR THE AGED ASSOCIATION EAST LUTHERAN HOME FOR THE AGED ASSOCIATION EAST	IA	$39K	$6K	METROPOLITAN LIFE INSURANCE COMPANY
IDEAL READY MIX COMPANY, INC. IDEAL READY MIX COMPANY, INC. EMPLOYEE BENEFITS PLAN	IA	$1.8M	$3K	WELLMARK HEALTH PLAN OF IOWA

Carrier

Plans

Premium

METROPOLITAN LIFE INSURANCE COMPANY

$39K

50.0%

BLUE CROSS OF CALIFORNIA

$1.8M

50.0%

State

Plans

Premium

State share

Index

$1.8M

0.2%

105.23x

Sponsor

Loc

Premium

Comp

Carrier

LUTHERAN HOME FOR THE AGED ASSOCIATION EAST

$39K

$6K

METROPOLITAN LIFE INSURANCE COMPANY

IDEAL READY MIX COMPANY, INC.

IDEAL READY MIX COMPANY, INC. EMPLOYEE BENEFITS PLAN

$1.8M

$3K

WELLMARK HEALTH PLAN OF IOWA