Welfare broker

NEWTEK INSURANCE AGENCY LLC

Mailing address (most recent filing)

1981 MARCUS AVE

SUITE 130

LAKE SUCCESS, NY 11042

Total comp: $358K
Commissions: $57K
Fees: $301K
Filings: 3
Sponsors: 3

Carrier mix

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

PRINCIPAL LIFE INSURANCE COMPANY50.0%
CIGNA HEALTH AND LIFE INSURANCE COMPANY50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
PRINCIPAL LIFE INSURANCE COMPANY	1	$121K	50.0%
CIGNA HEALTH AND LIFE INSURANCE COMPANY	1	$8.4M	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
NY	1	$8.4M	0.0%	9.91x
FL	1	$121K	0.0%	12.70x

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 NEWTEK INSURANCE AGENCY LLC's plans by broker comp / premium ratio. Median 10.29% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where NEWTEK INSURANCE AGENCY LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
NEWTEKONE NEWTEKONE WELFARE BENEFIT PLAN	NY	$8.4M	$551K	CIGNA HEALTH AND LIFE INSURANCE COMPANY
PERFECT GAME, INC. PERFECT GAME, INC. LIFE AND DISABILITY PLAN	FL	$121K	$17K	PRINCIPAL LIFE INSURANCE COMPANY

Carrier

Plans

Premium

PRINCIPAL LIFE INSURANCE COMPANY

$121K

50.0%

CIGNA HEALTH AND LIFE INSURANCE COMPANY

$8.4M

50.0%

State

Plans

Premium

State share

Index

$8.4M

0.0%

9.91x

$121K

0.0%

12.70x

Sponsor

Loc

Premium

Comp

Carrier

NEWTEKONE

NEWTEKONE WELFARE BENEFIT PLAN

$8.4M

$551K

CIGNA HEALTH AND LIFE INSURANCE COMPANY

PERFECT GAME, INC.

PERFECT GAME, INC. LIFE AND DISABILITY PLAN

$121K

$17K

PRINCIPAL LIFE INSURANCE COMPANY