Welfare broker

PBIRX, INC.

Mailing address (most recent filing)

612 WHEELERS FARMS RD

MILFORD, CT 06461

Total comp: $192K
Commissions: $192K
Fees: $0
Filings: 5
Sponsors: 5

Carrier mix

Where PBIRX, INC. places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

BLUE CROSS OF CALIFORNIA66.7%
GERBER LIFE INSURANCE COMPANY33.3%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	2	$8.7M	66.7%
GERBER LIFE INSURANCE COMPANY	1	$119K	33.3%

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
TX	2	$8.7M	0.0%	11.14x
NJ	1	$119K	0.0%	15.46x

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 PBIRX, INC.'s plans by broker comp / premium ratio. Median 6.56% vs welfare-wide median 6.29% (n=3).

Prospect-flag exposure · vs market baseline

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

1-3 of 3 sponsors where PBIRX, INC. is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
MUSTANG TRACTOR & EQUIPMENT COMPANY, LTD MUSTANG TRACTOR & EQUIPMENT COMPANY, LTD. WELFARE BENEFIT PLAN	TX	$4.3M	$285K	BLUECROSS BLUESHIELD OF TEXAS
MUSTANG TRACTOR & EQUIPMENT COMPANY, LTD MUSTANG TRACTOR & EQUIPMENT COMPANY, LTD. WELFARE BENEFIT PLAN	TX	$4.3M	$285K	BLUECROSS BLUESHIELD OF TEXAS
TEAMSTERS LOCAL NO. 35 HEALTH PLANS TEAMSTERS LOCAL NO. 35 HEALTH PLANS	NJ	$119K	$8K	GERBER LIFE INSURANCE COMPANY

Carrier

Plans

Premium

BLUE CROSS OF CALIFORNIA

$8.7M

66.7%

GERBER LIFE INSURANCE COMPANY

$119K

33.3%

State

Plans

Premium

State share

Index

$8.7M

0.0%

11.14x

$119K

0.0%

15.46x

Sponsor

Loc

Premium

Comp

Carrier

MUSTANG TRACTOR & EQUIPMENT COMPANY, LTD

MUSTANG TRACTOR & EQUIPMENT COMPANY, LTD. WELFARE BENEFIT PLAN

$4.3M

$285K

BLUECROSS BLUESHIELD OF TEXAS

MUSTANG TRACTOR & EQUIPMENT COMPANY, LTD

MUSTANG TRACTOR & EQUIPMENT COMPANY, LTD. WELFARE BENEFIT PLAN

$4.3M

$285K

BLUECROSS BLUESHIELD OF TEXAS

TEAMSTERS LOCAL NO. 35 HEALTH PLANS

$119K

$8K

GERBER LIFE INSURANCE COMPANY