Welfare broker

R STEPHENS FINANCIAL INC

Mailing address (most recent filing)

1566 OCEAN AVENUE, UNIT 28

SEA BRIGHT, NJ 07760

Total comp: $175K
Commissions: $175K
Fees: $0
Filings: 4
Sponsors: 4

Carrier mix

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

UNITEDHEALTHCARE INSURANCE COMPANY33.3%
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA33.3%
EMBLEMHEALTH33.3%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNITEDHEALTHCARE INSURANCE COMPANY	1	$1.3M	33.3%
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA	1	$13K	33.3%
EMBLEMHEALTH	1	$2.5M	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
NY	2	$2.5M	0.0%	13.21x
NJ	1	$1.3M	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 R STEPHENS FINANCIAL INC's plans by broker comp / premium ratio. Median 5.87% vs welfare-wide median 6.29% (n=3).

Prospect-flag exposure · vs market baseline

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

1-3 of 3 sponsors where R STEPHENS FINANCIAL INC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
INTER-COUNTY BAKERS, INC. INTER-COUNTY BAKERS, INC. HEALTH INSURANCE PLAN	NY	$2.5M	$101K	EMBLEMHEALTH
ACCURATE BOX COMPANY, INC. ACCURATE BOX COMPANY, INC. EMPLOYEE BENEFIT PLAN	NJ	$1.3M	$76K	UNITEDHEALTHCARE INSURANCE COMPANY
INTER-COUNTY BAKERS, INC. INTER-COUNTY BAKERS, INC. GROUP LIFE INSURANCE PLAN	NY	$13K	$3K	EQUITABLE FINANCIAL LIFE INSURANCE COMPANY

Carrier

Plans

Premium

UNITEDHEALTHCARE INSURANCE COMPANY

$1.3M

33.3%

EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA

$13K

33.3%

EMBLEMHEALTH

$2.5M

33.3%

State

Plans

Premium

State share

Index

$2.5M

0.0%

13.21x

$1.3M

0.0%

15.46x

Sponsor

Loc

Premium

Comp

Carrier

INTER-COUNTY BAKERS, INC.

INTER-COUNTY BAKERS, INC. HEALTH INSURANCE PLAN

$2.5M

$101K

EMBLEMHEALTH

ACCURATE BOX COMPANY, INC.

ACCURATE BOX COMPANY, INC. EMPLOYEE BENEFIT PLAN

$1.3M

$76K

UNITEDHEALTHCARE INSURANCE COMPANY

INTER-COUNTY BAKERS, INC.

INTER-COUNTY BAKERS, INC. GROUP LIFE INSURANCE PLAN

$13K

$3K

EQUITABLE FINANCIAL LIFE INSURANCE COMPANY