Welfare broker

SAPPHIRE FINANCIAL, LLC

Mailing address (most recent filing)

818 MIAN AVENUE, SUITE 3

FARGO, ND 58103

Total comp: $2K
Commissions: $2K
Fees: $0
Filings: 1
Sponsors: 1

Carrier mix

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

FIDELITY SECURITY LIFE INSURANCE COMPANY100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
FIDELITY SECURITY LIFE INSURANCE COMPANY	1	$27K	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
ND	1	$27K	0.3%	346.98x

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 SAPPHIRE FINANCIAL, LLC's plans by broker comp / premium ratio. Median 9.99% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

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

1-1 of 1 sponsor where SAPPHIRE FINANCIAL, LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
HOSPICE OF THE RED RIVER VALLEY HOSPICE OF THE RED RIVER VALLEY GROUP VISION PLAN	ND	$27K	$3K	FIDELITY SECURITY LIFE INSURANCE