Welfare broker

MICHAEL BENDER

Mailing address (most recent filing)

1803 RESEARCH BOULEVARD

SUITE 400

ROCKVILLE, MD 20850

Total comp: $43K
Commissions: $42K
Fees: $1K
Filings: 16
Sponsors: 16

Carrier mix

Where MICHAEL BENDER 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	1	$320K	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
DE	1	$320K	0.4%	409.73x

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 MICHAEL BENDER's plans by broker comp / premium ratio. Median 17.67% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

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

1-1 of 1 sponsor where MICHAEL BENDER is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
BIOTEK REMEDYS BIOTEK REMEDYS EMPLOYEE BENEFIT PLAN	DE	$320K	$56K	GUARDIAN