Welfare broker

PROFESSIONAL BENEFIT SERVICES, INC.

Mailing address (most recent filing)

5300 PATTERSON SE, 150

GRAND RAPIDS, MI 49512

Total comp: $695K
Commissions: $695K
Fees: $0
Filings: 8
Sponsors: 8

Carrier mix

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

UNITED AMERICAN INSURANCE COMPANY50.0%
CIGNA HEALTH AND LIFE INSURANCE COMPANY50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNITED AMERICAN INSURANCE COMPANY	1	$2.5M	50.0%
CIGNA HEALTH AND LIFE INSURANCE COMPANY	1	$1.8M	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
MI	1	$2.5M	0.0%	20.58x
KY	1	$1.8M	0.0%	9.85x

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 PROFESSIONAL BENEFIT SERVICES, INC.'s plans by broker comp / premium ratio. Median 18.75% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where PROFESSIONAL BENEFIT SERVICES, INC. is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
BOARD OF TRUSTEES, ELECTRICAL WORKERS INSURANCE FUND ELECTRICAL WORKERS' INSURANCE FUND	MI	$2.5M	$711K	UNITED AMERICAN
ROAD & RAIL SERVICES, LLC ROAD & RAIL SERVICES, LLC WRAP AROUND WELFARE BENEFITS PLAN	KY	$1.8M	$153K	CIGNA HEALTH AND LIFE INSURANCE COMPANY

Carrier

Plans

Premium

UNITED AMERICAN INSURANCE COMPANY

$2.5M

50.0%

CIGNA HEALTH AND LIFE INSURANCE COMPANY

$1.8M

50.0%

State

Plans

Premium

State share

Index

$2.5M

0.0%

20.58x

$1.8M

0.0%

9.85x

Sponsor

Loc

Premium

Comp

Carrier

BOARD OF TRUSTEES, ELECTRICAL WORKERS INSURANCE FUND

ELECTRICAL WORKERS' INSURANCE FUND

$2.5M

$711K

UNITED AMERICAN

ROAD & RAIL SERVICES, LLC

ROAD & RAIL SERVICES, LLC WRAP AROUND WELFARE BENEFITS PLAN

$1.8M

$153K

CIGNA HEALTH AND LIFE INSURANCE COMPANY