Welfare broker

SEAN MICHELSEN

Mailing address (most recent filing)

1901 ROXBOROUGH ROAD, SUITE 300

CHARLOTTE, NC 28211

Total comp: $259K
Commissions: $259K
Fees: $0
Filings: 4
Sponsors: 4

Carrier mix

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

BLUE CROSS OF CALIFORNIA100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	3	$4.8M	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
NC	2	$2.7M	0.1%	31.82x
TN	1	$2.1M	0.1%	21.64x

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 SEAN MICHELSEN's plans by broker comp / premium ratio. Median 5.34% vs welfare-wide median 6.29% (n=3).

Prospect-flag exposure · vs market baseline

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

1-3 of 3 sponsors where SEAN MICHELSEN is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
SAARGUMMI TN, INC SAARGUMMI TENNESSEE, INC. HEALTH AND WELFARE PLAN	TN	$2.1M	$114K	BLUECROSS BLUESHIELD OF TENNESSEE, INC.
CARMEL COUNTRY CLUB, INC. CARMEL COUNTRY CLUB, INC. EMPLOYEE BENEFIT PLAN	NC	$1.8M	$114K	BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA
AFG DISTRIBUTION, INC. AFG DISTRIBUTION, INC. HEALTH PLAN	NC	$950K	$36K	BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA

Carrier

Plans

Premium

BLUE CROSS OF CALIFORNIA

$4.8M

100.0%

State

Plans

Premium

State share

Index

$2.7M

0.1%

31.82x

$2.1M

0.1%

21.64x

Sponsor

Loc

Premium

Comp

Carrier

SAARGUMMI TN, INC

SAARGUMMI TENNESSEE, INC. HEALTH AND WELFARE PLAN

$2.1M

$114K

BLUECROSS BLUESHIELD OF TENNESSEE, INC.

CARMEL COUNTRY CLUB, INC.

CARMEL COUNTRY CLUB, INC. EMPLOYEE BENEFIT PLAN

$1.8M

$114K

BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA

AFG DISTRIBUTION, INC.

AFG DISTRIBUTION, INC. HEALTH PLAN

$950K

$36K

BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA