Welfare broker

MGW SERVICES LLC

Mailing address (most recent filing)

24301 MUIRLANDS BOULEVARD

SUITE V330

LAKE FOREST, CA 92630

Total comp: $281K
Commissions: $275K
Fees: $6K
Filings: 7
Sponsors: 7

Carrier mix

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

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY50.0%
BLUE CROSS OF CALIFORNIA50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY	1	$6.7M	50.0%
BLUE CROSS OF CALIFORNIA	1	$2.0M	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
CA	2	$8.7M	0.0%	12.75x

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 MGW SERVICES LLC's plans by broker comp / premium ratio. Median 9.42% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where MGW SERVICES LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
RADNET MANAGEMENT, INC. RADNET EMPLOYEE BENEFIT PLAN	CA	$6.7M	$608K	LINCOLN NATIONAL LIFE INSURANCE COMPANY
AOPS, INCORPORATED AOPS INCORPORATED HEALTH AND WELFARE PLAN	CA	$2.0M	$198K	BLUE CROSS OF CALIFORNIA

Carrier

Plans

Premium

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

$6.7M

50.0%

BLUE CROSS OF CALIFORNIA

$2.0M

50.0%

State

Plans

Premium

State share

Index

$8.7M

0.0%

12.75x

Sponsor

Loc

Premium

Comp

Carrier

RADNET MANAGEMENT, INC.

RADNET EMPLOYEE BENEFIT PLAN

$6.7M

$608K

LINCOLN NATIONAL LIFE INSURANCE COMPANY

AOPS, INCORPORATED

AOPS INCORPORATED HEALTH AND WELFARE PLAN

$2.0M

$198K

BLUE CROSS OF CALIFORNIA