Welfare broker

RAFFA & ASSOC FINANCIAL SVCS, INC.

Mailing address (most recent filing)

1445 RESEARCH BLVD

STE 340

ROCKVILLE, MD 20850

Total comp: $899K
Commissions: $464K
Fees: $435K
Filings: 23
Sponsors: 23

Carrier mix

Where RAFFA & ASSOC FINANCIAL SVCS, INC. places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

UNITED OF OMAHA LIFE INSURANCE COMPANY50.0%
CIGNA HEALTH AND LIFE INSURANCE COMPANY50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNITED OF OMAHA LIFE INSURANCE COMPANY	1	$62K	50.0%
CIGNA HEALTH AND LIFE INSURANCE COMPANY	1	$1.3M	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
VA	1	$62K	0.0%	22.94x
MD	1	$1.3M	0.1%	35.95x

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 RAFFA & ASSOC FINANCIAL SVCS, INC.'s plans by broker comp / premium ratio. Median 14.30% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

Share of RAFFA & ASSOC FINANCIAL SVCS, INC.'s book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-2 of 2 sponsors where RAFFA & ASSOC FINANCIAL SVCS, INC. is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
CHILD TRENDS INC CHILD TRENDS, INC EMPLOYEE BENEFITS PLAN	MD	$1.3M	$145K	CIGNA HEALTH AND LIFE INSURANCE COMPANY
PHOENIX OVERSIGHT GROUP LLC PHOENIX OVERSIGHT GROUP LIFE AND DISABILITY PLAN	VA	$62K	$11K	UNITED OF OMAHA LIFE INSURANCE COMPANY

Carrier

Plans

Premium

UNITED OF OMAHA LIFE INSURANCE COMPANY

$62K

50.0%

CIGNA HEALTH AND LIFE INSURANCE COMPANY

$1.3M

50.0%

State

Plans

Premium

State share

Index

$62K

0.0%

22.94x

$1.3M

0.1%

35.95x

Sponsor

Loc

Premium

Comp

Carrier

CHILD TRENDS INC

CHILD TRENDS, INC EMPLOYEE BENEFITS PLAN

$1.3M

$145K

CIGNA HEALTH AND LIFE INSURANCE COMPANY

PHOENIX OVERSIGHT GROUP LLC

PHOENIX OVERSIGHT GROUP LIFE AND DISABILITY PLAN

$62K

$11K

UNITED OF OMAHA LIFE INSURANCE COMPANY