Welfare broker

PAYDAY PROFESSIONAL INSURANCE

Mailing address (most recent filing)

5011 INDIAN SCHOOL ROAD NE

ALBUQUERQUE, NM 87110

Total comp: $54K
Commissions: $53K
Fees: $1K
Filings: 3
Sponsors: 3

Carrier mix

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

PRINCIPAL100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
PRINCIPAL	1	$153K	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
NM	1	$153K	0.4%	454.90x

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 PAYDAY PROFESSIONAL INSURANCE's plans by broker comp / premium ratio. Median 8.55% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

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

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

Sponsor	Loc	Premium	Comp	Carrier
NEW MEXICO LEGAL AID NEW MEXICO LEGAL AID INC WELFARE PLAN	NM	$153K	$13K	PRINCIPAL