Welfare broker

ORMA R SMITH III

Mailing address (most recent filing)

3725 CHAMPION HILLS DRIVE

SUITE 3300

MEMPHIS, TN 38125

Total comp: $7.0M
Commissions: $7.0M
Fees: $5K
Filings: 13
Sponsors: 13

Carrier mix

Where ORMA R SMITH III places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

BLUE CROSS OF CALIFORNIA100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	4	$8.3M	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
TN	2	$2.5M	0.1%	32.46x
IL	2	$5.8M	0.0%	14.24x

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 ORMA R SMITH III's plans by broker comp / premium ratio. Median 5.60% vs welfare-wide median 6.29% (n=4).

Prospect-flag exposure · vs market baseline

Share of ORMA R SMITH III's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-4 of 4 sponsors where ORMA R SMITH III is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
HERITAGE RETIREMENT FACILITIES LLC THE HERITAGE AT BRENTWOOD WELFARE BENEFIT PLAN	TN	$1.4M	$6.4M	BLUECROSS BLUESHIELD OF TENNESSEE, INC.
SEDGEBROOK OPCO (SL-VII), LLC SEDGEBROOK OPCO (SL-VII), LLC EMPLOYEE BENEFITS PLAN	IL	$3.5M	$179K	BLUECROSS BLUESHIELD OF ILLINOIS
MONARCH LANDING OPCO (SL-VII), LLC. MONARCH LANDING OPCO (SL-VII), LLC. EMPLOYEE BENEFITS PLAN	IL	$2.3M	$104K	BLUECROSS BLUESHIELD OF ILLINOIS
INTERSTATE MECHANICAL CONTRACTORS, INC. INTERSTATE MECHANICAL CONTRACTORS, INC. HEALTH & WELFARE BENEFIT PLAN	TN	$1.1M	$65K	BLUECROSS BLUESHIELD OF TENNESSEE, INC.

Carrier

Plans

Premium

BLUE CROSS OF CALIFORNIA

$8.3M

100.0%

State

Plans

Premium

State share

Index

$2.5M

0.1%

32.46x

$5.8M

0.0%

14.24x

Sponsor

Loc

Premium

Comp

Carrier

HERITAGE RETIREMENT FACILITIES LLC

THE HERITAGE AT BRENTWOOD WELFARE BENEFIT PLAN

$1.4M

$6.4M

BLUECROSS BLUESHIELD OF TENNESSEE, INC.

SEDGEBROOK OPCO (SL-VII), LLC

SEDGEBROOK OPCO (SL-VII), LLC EMPLOYEE BENEFITS PLAN

$3.5M

$179K

BLUECROSS BLUESHIELD OF ILLINOIS

MONARCH LANDING OPCO (SL-VII), LLC.

MONARCH LANDING OPCO (SL-VII), LLC. EMPLOYEE BENEFITS PLAN

$2.3M

$104K

BLUECROSS BLUESHIELD OF ILLINOIS

INTERSTATE MECHANICAL CONTRACTORS, INC.

INTERSTATE MECHANICAL CONTRACTORS, INC. HEALTH & WELFARE BENEFIT PLAN

$1.1M

$65K

BLUECROSS BLUESHIELD OF TENNESSEE, INC.