Welfare broker

SEQUIOA BENEFITS, LLC

Mailing address (most recent filing)

1850 GATEWAY DRIVE, SUITE 700

SAN MATEO, CA 94404

Total comp: $63K
Commissions: $47K
Fees: $15K
Filings: 2
Sponsors: 2

Carrier mix

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

BLUE CROSS OF CALIFORNIA50.0%
AETNA LIFE INSURANCE COMPANY50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	1	$3.4M	50.0%
AETNA 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
MA	1	$3.4M	0.0%	23.25x
ID	1	$1.8M	0.2%	132.16x

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 SEQUIOA BENEFITS, LLC's plans by broker comp / premium ratio. Median 2.24% vs welfare-wide median 6.31% (n=2).

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where SEQUIOA BENEFITS, LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
FIDUCIARY TRUST COMPANY FIDUCIARY TRUST COMPANY CONSOLIDATED HEALTH AND WELFARE PLAN	MA	$3.4M	$79K	BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC.
SYRINGA NETWORKS, LLC SYRINGA NETWORKS, LLC EMPLOYEE HEALTH AND WELFARE BENEFITS PLAN	ID	$1.8M	$39K	AETNA LIFE INSURANCE CO.

Carrier

Plans

Premium

BLUE CROSS OF CALIFORNIA

$3.4M

50.0%

AETNA LIFE INSURANCE COMPANY

$1.8M

50.0%

State

Plans

Premium

State share

Index

$3.4M

0.0%

23.25x

$1.8M

0.2%

132.16x

Sponsor

Loc

Premium

Comp

Carrier

FIDUCIARY TRUST COMPANY

FIDUCIARY TRUST COMPANY CONSOLIDATED HEALTH AND WELFARE PLAN

$3.4M

$79K

BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC.

SYRINGA NETWORKS, LLC

SYRINGA NETWORKS, LLC EMPLOYEE HEALTH AND WELFARE BENEFITS PLAN

$1.8M

$39K

AETNA LIFE INSURANCE CO.