Welfare broker

NOVELL INSURANCE LLC

Mailing address (most recent filing)

PO BOX 270375

SAN JUAN, PR 00928

Total comp: $90K
Commissions: $89K
Fees: $838
Filings: 5
Sponsors: 5

Carrier mix

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

MCS LIFE INSURANCE COMPANY100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
MCS LIFE INSURANCE COMPANY	1	$350K	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
PR	1	$350K	0.2%	223.06x

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 NOVELL INSURANCE LLC's plans by broker comp / premium ratio. Median 4.95% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

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

1-1 of 1 sponsor where NOVELL INSURANCE LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
XPERT'S ELECTRIC LLC XPERT'S ELECTRIC LLC	PR	$350K	$17K	MCS LIFE INSURANCE COMPANY